Fakhr Unisa is a 36-year-old married woman. She is mother of four children. She is motivated to provide all conveniences of life to her family. Eight years ago she started up a store with her husband (also shown in the photo) in their locality. They offer various items such as jewelry, hair accessories, sports goods and various games. At present they have attained a regular list of customers and earn a good amount of income to bear their household expenditures. Fakhr Unisa has gradually improved her business with the support of Kashf Foundation.
Currently Fakhr Unisa is in her fourth loan cycle and applied for a loan of PKR 45,000. This will help her to purchase a stock of jewelry items and different hair accessories to meet the increasing demand of their customers. The couple wishes to utilize part of their revenues to deal with personal expenses and part to increase their business capital.
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.