Ms. Nasreen is a 36-year-old married woman and a loving mother of four children. She enjoys her business of weaving rugs and shawls. She is doing it with the support of her husband. The man shown in the photo is Nasreen’s husband. They have gained years of experience in this field and make enough to run their household expenses. Nasreen has in-depth knowledge of high quality weaving and her son also helps in her work making rugs and shawls. Nasreen has gradually improved her business with the support of Kashf Foundation. She is in her 6th loan cycle, with a good repayment history. Currently she has requested a loan of PKR. 30,000 to buy raw materials such as spools of wool, threads, cutters, and tools to increase her sales. She hopes to get an increase in her earnings through her large sales and wishes to spend part of it on the expansion of her business.
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.