Ms. Irshad is a 45-year-old married woman. She is an active lady who has been in the business of milk sales for many years. She has two cows. Her husband assists her in selling milk door-to-door. She has a good number of customers, which is increasing day by day. Her business is good enough to provide a decent life. She is a responsible mother of six children. Three of them are in school. She lives in large traditional family with her husband, children, and other relatives. She needs to earn more to cover the everyday expenditures of her family. She has requested a loan of 25,000 PKR. She will be using the loan along with her savings to buy one more buffalo to increase milk sales. She expects an increase in her business income. She intends to utilize the profits to provide good and quality education for her children.
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.