Rabia has successfully built her small general store with the support of Kiva and Kashf Foundation in her community for many years. She has attained a good number of customers and makes enough to provide for her family. To make her store fully stocked, she requested a loan for Rs 50,000 which she will use to buy grains, oil and beverages from the market at lower rates. In this way, she would be able to meet increasing demand consistently. She expects a boost in her earnings and wishes to spend it on providing quality education to her two children.
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.