Hamda, age 50, is a hardworking married woman. She has been successfully running a business selling bedsheets and bedspreads for the past ten years. She always has a good collection to offer and has attained a regular list of customers. She earns a good amount of income to contribute to the family income. She wants to grow her business, so she requested a loan of 40,000 PKR to buy bundles of bedsheets and bedspreads in different colors and designs. It will help her to increase her sales. She wishes to spend part of her revenues on her family expenses. She also wants to increase her 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.