Ms. Shakila is a 29-year-old, married woman. She has been doing a business of caring for animals, and gathering and selling their milk, for the past 10 years. She has eight buffaloes and two cows in milk. She sells their milk to many of her neighbors, along with butter that she makes from the milk. Her business is good enough for her to lead a decent life. She has three daughters and two sons. She is very motivated to provide them a beautiful life, with enough food and clothing. She has improved her business to meet the day-to-day expenses of life.
This is her third loan from Kashf Foundation. She is happily running her business, with the support of loan financing. Recently, she requested a loan of PKR 35,000, which she intends to use to purchase one more cow. She hopes to spend part of her profits on the betterment of her family members.
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.