Asia is a 34-year-old vigorous lady. She has been providing tailoring services for many years and is quite skilled at her job. Asia stitches for the people of her community and uses the income to support her entire family. She has two children.
Asia requires financial aid to run her operational work as most of her income is spent for household expenditures. Therefore, in her 6th loan cycle, she has requested for 40,000 PKR. With this loan, Asia intends to purchase a new stitching machine and more stitching material such as needles, spools of threads etc. She wants to generate more income in the future.
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.