Naseem is a 41-year-old married woman. For the past 12 years, she has been successfully running a business of selling milk to the people of her community. Over time, Naseem has become famous in her area for providing good quality milk. She has a good client list and makes enough to contribute to her family's income.
Currently, Naseem has requested a 50,000 PKR loan through Kashf Foundation to purchase a cow. It will allow her to cater to more customers. She expects a boost in her earnings with her loan and plans to spend her profits on expanding her business. She is in her 5th loan cycle with good credit history.
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.