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Parveen
Parveen is a 51-year-old widow who has been running a small general store in her community for many years. She offers a variety of grocery items at a reasonable price and has retained many customers who regularly shop at her store. She makes enough to provide for her family.

To keep her store fully stocked, she has requested a loan of 40,000 PKR which she will use to buy a stock of rice, sugar, grains and flour from the market at lower rates. In this way she will be able to meet the increasing demand consistently.

Parveen wishes to use part of her future revenue to increase her business capital.

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.

Tags

About Pakistan

  • $3,004
    Average annual income
  • 245
    View loans »
    Pakistan Loans Fundraising
  • $14,178,125
    Funds lent in using Kiva
  • 102.0
    Pakistan Rupees (PKR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $400 helped Parveen to buy a stock of rice, sugar, grains and flour.
71% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2014
Listed
Sep 1, 2014
Currency Exchange Loss:
Possible