Treeza is 43-year-old married woman and the mother of four children. She had a difficult time after her husband's business failure and decided to initiate her own business to support her family for a better future. Two years ago, she began doing stitching work in her house. She is familiar with stitching techniques and counts a good client list. However, due to lack of availability of funds, she is unable to meet the daily demands of her customers. That is why she applied for a loan of 15,000 PKR to purchase more spools of thread, packs of needles and elastic material. These purchases will allow her to meet the demands of her customers without delay. It’s her 3rd year with Kashf Foundation, and she has shown good repayment behavior.
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.