Ms. Shamim is a 38-year-old married woman and a mother of six children. She has been doing tailoring work for many years. Her husband’s income alone is not enough to support the needs of the family. This compelled Shamim to initiate her own business of stitching clothes. She sews for the people living near her home and uses the income to help support her entire family.
To help her continue operation of her business, she has requested a loan of 20,000 PKR to buy a stock of threads in different colors, along with packs of zippers and buttons. This will enable her to meet up with increasing demand for her services. Shamim desires to provide good and quality education to her children for their prosperous 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.