Farzana is a 39-year-old married woman. She has been successfully running a small general store with her husband at the corner of her house. She has many years of experience in this field. Her husband also assists her by purchasing a stock of goods from the market, as he has maintained many contacts in years. She is a mother of three children and is motivated to provide her family with good quality food, clothing and health. She wants to grow her business, so she has requested a loan of PKR 45,000 to buy packs of salts, grains, oil, tea, biscuits and beverages. In this way, she will be able to meet the demands of her customers consistently. She expects boost in her earnings, and wishes to spend it on providing a better standard for 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.