Nasreen is a 35 year-old married woman who is the mother of five children, one of whom goes to school. Three years ago, she stared a clothing business to supplement her husband's low income. Nasreen was filled with hope when she started her business and she contacted the Kashf Foundation upon the advice of her neighbor. She buys clothes with different designs from the market in bulk and sells them in her community, mostly to her neighbors.
Nasreen is requesting a 25,000 PKR loan to buy an ample variety of winter clothing to add to her inventory. She hopes to educate all of her children but is unable to cover their expenses. Nasreen intends to use the profit from her loan for her children’s education.
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.