Pervaiza is a 56-year-old married woman. She has been providing stitching services to the people of her community. Her husband is pension holder. She is a self-made woman and wants to live her life with integrity. She easily manages her household activities along with stitching. This business is quite profitable for her. She has been successfully running her business with the support of Kashf Foundation and availing loans for the last four years.
Her repayment behavior has been remarkable over the years. Now, she is applying for her fifth loan of PKR 20,000. She intends to use this loan to purchase spools of thread, zippers and buttons in various colors. In this way she would be able to meet the demands of her customers on time. She wishes to provide her family with a better quality of life.
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.