At 47 years of age, Nasreen is running a small general store very close to her house. She has been handling this store for the past 5 years with the assistance of her husband. Her shop is situated in the middle of her town and a sufficiently large number of customers visit it every day. She is doing quite well and has a number of repeat customers. She is in her 6th loan cycle, and has successfully returned her previous loans on time. Now, Nasreen has requested a loan amount of 50,000 PKR with which she intends to purchase stock of soaps, shampoos, hair oils, toothpastes, eatables, etc. She dreams of giving a good quality education to her 4 children through all her hard work and efforts in 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.