Musarat is a 32-year-old married woman. She is a loving mother of five children. She weaves rugs and has been in business for 10 years.
Musarat has in-depth knowledge of high quality weaving and her husband also helps her. She earns enough for a hand-to-mouth existence. She also sews on a part time basis. In this way, she is able to handle her family needs and requirements effectively.
With the support of Kashf Foundation, Musarat has built a successful business. She has been associated with Kashf for six years.
At present, Musarat requests a loan of Rs 10,000 to buy raw materials such as wool, threads, cutters, and tools to expand her business. It will help her to increase her sales which will ultimately help her bring more cash home.
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.