Fakhrau Nisa is a 39-year-old hardworking and energetic lady who is the mother of six children. For the past five years, she has been supporting her family by stitching bags which she then sells in the market. The income from her business has enabled her to meet the day-to-day expenses of her household.
Fakhrau Nisa is requesting a 40,000 PKR loan to purchase fabric to makes bags along with thread, zippers, and other materials. This will be her sixth loan cycle. Fakhrau Nisa hopes that more investment in her business will help to generate more income and provide for her children’s education.
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.