Zahida is a 45-year-old married woman and mother of four children. She had a difficult time a few years ago due to her husband's business’ failure. Therefore, she decided to assist her husband in initiating a new business nine years ago. Today, they own a well-established business of furniture selling. They have a large number of satisfied customers.
Zahida is currently in her ninth loan cycle and has requested a loan amount of 55,000 PKR from Kashf Foundation. Zahida intends to use this loan amount to buy material such as wood, screws, furniture polish, etc. to create a means of increasing revenues.
Her dream is to improve the living standards of her family.
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.