Nighat is a 32-year-old married woman and the mother of three children. She has been running a business selling clothing. She purchases a variety of clothing from a wholesale market and then sells them to the people of her locality. She has become famous for selling good quality clothing in her community.
Nighat requested a loan of 35,000 PKR from Kashf Foundation to buy a stock of different clothing for the winter season. In this way, she would be able to meet the increasing demands of her customers on time, which helps in generating more income for her.
She dreams of giving a good, quality education to her children through all her hard efforts in her business.
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.