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Ruqia
Ruqia is a 33-year-old vigorous, married lady. She has been stitching clothes for many years. She stitches for the people of her community and uses the income to support her entire family. She has attained a regular list of customers. However, due to lack of availability of funds, she is unable to meet the daily demands of her customers. For this reason she requested a loan of Rs 40,000 to Kashf Foundation. She intends to use this loan amount to buy more spools of thread in different colors, along with the packs of laces, zippers and buttons to create a means of increasing revenues so she may able to generate a healthier source of income. She is in her 4th loan cycle with a good repayment history.

Additional Information

About Kashf Foundation

Kashf Foundation is one of the leading microfinance providers in Pakistan, focused on expanding financial access for poor women across the country. The organization’s economic empowerment program has grown from 913 clients in 1999 to 284,653 clients as of May 2012, with a current outstanding portfolio of US$32 million.

Kashf has trained over 227,000 clients in basic financial literacy and systemized financial education since 2010, in addition to providing training in gender justice and empowerment to over 12,500 participants since 2011. This group includes clients, their husbands and adolescent boys in their communities.

Over the past 16 years, Kashf has disbursed an estimated 2 million loans. Today, it operates in 16 districts in Punjab province and 1 district in Sindh province through a network of 157 branches. It plans to open 19 new branches to cover all four of Pakistan’s provinces.

Tags

About Pakistan

  • $4,700
    Average annual income
  • 248
    View loans »
    Pakistan Loans Fundraising
  • $14,488,825
    Funds lent in using Kiva
  • 106.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Ruqia to buy more spools of thread in different colors along with the packs of laces, zippers and buttons.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2013
Listed
Nov 6, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014