Suriya is a 46-year-old married woman. She has been running a business selling milk with her husband (also shown in the photo) for many years. They have two buffaloes for milking and sell their milk to many of their neighbors, along with the butter and cheese that they make from the milk. 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. They are happy doing it together to support their family.
Suriya and her husband have four daughters and two sons. Five of their children are in school. They need to earn much more to meet their everyday expenditures including food, clothing and education. In order to make huge profits, Suriya requested a loan of Rs 60,000 to buy another buffalo in order to cater to more customers. They hope to increase their milk-production capacity, which ultimately helps in generating more cash.
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.