Amina is a 36-year-old married woman and a mother of four children. Her husband is a farmer and his income is not enough to support his family. Before starting a milk production business, Amina's family often lived in hand-to-mouth conditions.
Four years ago, she started a milk selling business with the help of her husband to support her family and secure the future of her children. Now, she has two cows and two buffaloes. She has good milk sales on a daily basis. Her customers are satisfied and give her value due to her honesty in business.
She has shown very good credit behavior and currently is in her eighth loan cycle. Now, she requested a loan of 45,000 PKR to purchase another cow. She wants to increase milk production according to customer needs and wishes to use profits on the betterment of her family members.
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.