Azeeman is a 32 year-old married woman. She has seven children. She has run a business selling milk for the last five years. She has five buffaloes and three goats. She earns enough to contribute to the family income. She also sells animals to generate an extra amount of income. In order to make huge profits, she requested a loan of 40000/- PKR to buy two more buffaloes. She hopes to have an increase in the production capacity of milk which ultimately helps in generating more cash. She dreams of expanding her business in the near future. She is in her 3rd 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.