Zubida is a 49-year-old married woman. She is doing business selling milk for many years. She has four calves and one milk cow. She sells milk to many of her neighbors, along with butter that she makes from the milk. Her business is good enough to lead her a decent life. She also sells animals on seasonal basis to generate an extra amount of profit.
She has four children. She is very motivated to provide them with a beautiful life and good education, food, and clothing. She has improved her business to meet the day-to-day expenses of life. She is in her 4th loan cycle.
Currently, she applied for a loan of 40,000 PKR through Kashf Foundation to purchase one more cow. She hopes to get an increase in her production capacity of milk, which ultimately helps in generating more cash.
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.