Touheed is a 48-year-old married woman. She is a vigorous lady and has been running a business of cattle trade with her husband for many years. She buys cattle from market at low rates and then sells them to the people of her community at a higher price. She earns enough through her business. She is requesting a loan of 40,000 PKR from the Kashf Foundation in order to buy more cattle such as calves and heifers. She is in her third loan cycle with good credit history. She is hopeful to get an increase in her income and wishes to spend part of the profits on the betterment of her family members.
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.