Nasreen is a 25-year-old, married woman. She has been involved in a business selling blankets and bedspreads in her locale for a period of about two years. She always has a great collection to offer to her customers and earns a good income to contribute to the family income.
Currently, Nasreen requested a loan of PKR 40,000 from Kashf Foundation to buy a new variety of blankets, bed covers and spreads. She plans to take into account the tastes of her customers. In this way, she would be able to earn more income through greater sales. She is in her 3rd loan cycle and has shown good repayment behavior. She hopes to have a good experience with this new loan and wants to grow 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.