Akhtar is a 55-year-old married woman who has been running a business selling milk with her husband for many years. She has four buffaloes that produce milk. She sells this milk to the people of her locality. She looks after the buffaloes and performs the task of collecting milk from them, while her husband sells it to different places on a daily basis.
She has three children and needs to earn much more profits to meet their everyday expenditures including food, clothing and health care. In order to make more profits, she requested a loan of 25,000 PKR to buy one more buffalo. It will help her to increase both her sales and profits. She hopes to have a good experience with this new loan.
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.