Saira is 31 years old, married, and has three children. She enjoys doing machine embroidery. She started doing this work to support her family for a better future. Her embroidery patterns are very popular in her area and she counts a good client list. Her husband is a rickshaw driver and earns insufficient income to support the family alone.
Saira is requesting her fourth loan from Kashf Foundation for 35,000 PKR, which she will use to purchase frames, needles, and threads in different colors. She is motivated to provide her family with the basic necessities of life including food, clothes, and education.
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.