Kousar is a 27-year-old widow. She is an active and talented lady who excels in the work of stitching. She has gained years of experience in this field and has gotten a lot of appreciation from the people of her community. She didn’t lose hope after the death of her husband and continued her stitching work to support the needs of her two children. For meeting the requirements of her customers she needs to purchase more spools of thread and packs of lace, buttons and needles. She applied for a loan of PKR 30000 to Kashf Foundation. She is in her 2nd loan cycle and is very much thankful to Kashf for its support. She dreams of expanding her business in the future.
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.