Mariyam is a 42-year-old married woman running a business selling milk for many years. She and her husband have two buffaloes producing milk. She sells it to the people in her community to generate a good income. She is happily doing her business to support her family.
She has four children and is trying hard to meet their demands for food, health care, clothing and education. She has gradually improved her business with the support of the Kashf Foundation. In order to purchase another buffalo she has applied for a loan of 40,000 PKR. It will help her to grow her sales and profits. This is her third loan; Mariyam has a good repayment history.
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.