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Akhtar
Akhtar is a 54-year-old married woman and the mother of three. She has been running a business of cloths sales for many years. She purchases a variety of cloths from the main city and then sells it to the people in her vicinity. She has become famous for selling good quality cloth in her community. Akhtar requested a loan of 45,000 PKR from Kashf Foundation to buy bundles of different cloth for the summer season by taking into account the choices and tastes of her customers. In this way, she will be able to earn more income through her greater sales. She hopes to have a good experience with this new loan and wants to grow her business. She dreams of providing a better standard of living for her family members.

Additional Information

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.

About Pakistan

  • $3,004
    Average annual income
  • 198
    View loans »
    Pakistan Loans Fundraising
  • $13,658,475
    Funds lent in using Kiva
  • 99.1
    Pakistan Rupees (PKR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $475 helped Akhtar to buy bundles of different cloth for the summer season.
71% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2014
Listed
Aug 20, 2014
Currency Exchange Loss:
Possible