Ms. Nasreen is a 40-year-old married woman. She has been in the business of stitching clothes for the past four years. Her designs and patterns are very popular in the community. Her husband does labor and does not earn enough to meet his house expenses alone. She has six children; two of them go to school. She is working hard to provide good quality food and education for her children. To improve her earnings, she contacted Kashf Foundation four years ago.
Now she has applied for a loan of 30000 PKR to purchase more packs of laces, ribbons, buttons, and spools of threads in various colors. It will enable her to cater to her customers without delay. She wishes to utilize the earned revenue to benefit 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.