Nasreen is a 41-year-old married woman and has two children. She has been successfully running a small grocery shop at the corner of her house. Nasreen has five years of experience in this field. Over time, the customer base of her store has greatly increased.
Nasreen is very thankful for previous loans. She is in her 7th loan cycle. Now, Nasreen has requested a loan of 50,000 PKR. With this loan she wants to buy stock of packed milk, biscuits, rice, oil, flour etc.
With the help of income generated from this store, Nasreen has been able to provide her family with good living conditions. She wants to earn more income which she hopes to spend on the health and comfort 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.