Sobia is a 35-year-old married woman and she is involved in a business of sewing gloves with the support of her husband (also shown in the photo). Her husband also helps her in sewing and then sells them in the local market. They offer various types of gloves in different colors and designs to the people of their community and make a good amount of income. For the improvement of the business, Sobia contacted Kashf foundation and applied for a loan of PKR 40,000 in order to buy good quality wool, nylon and leather along with packs of needles in order to increase her sales. She hopes to have a good experience with this new loan and dreams to expand her business in the near 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.