Azra is a 44-year-old married woman and the mother of four children. She has been in the business of making artificial jewelry for many years. The business has great potential for growth and and she earns a good amount of income to contribute to the family's income. In order to meet the orders on time and boost her sales, Azra has requested a loan of PKR 45,000 to purchase raw materials such as silver, gold and dozens of artificial gems and pearls. She hopes to get an increase in her net income and wishes to spend it on the expansion of 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.