Nabila is a 31-year-old married woman and mother of 3 children. Her husband (shown in the photo), some time ago, started a van-driving business. He owns one Toyota van and needs some financial help. Therefore, Nabila has requested a loan amount of 40,000 PKR. Her husband will use the amount to pay for repair and maintenance costs of the van and to buy new tires.
Nabila is in her 4th loan cycle and has shown good repayment performance. She is thankful to Kashf for the previous loans. She is hopeful that her husband’s business will prosper and that their living standards will improve.
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.