Ms Mehboob is a 45-year-old married woman doing a business of selling milk for the past 15 years. She has one buffalo. She sells 8 Kilograms of milk daily to many of her neighbors. Her business is good enough for her to lead a decent life. She has four children, of whom one is school-going. She is very motivated to provide her children a beautiful life with good food and clothing.
Mehboob has improved her business to meet the day-to-day expenses of life. Her husband is working as a security guard and her son as a mason. Mehboob is also doing this business because her husband and son's incomes are not enough to meet the household expenses. This is her second year with Kashf Foundation; she is happily running her business through support of it. Now she has requested for a loan of 35,000 Pakistan Rupees (PKR) for purchasing a new buffalo. She hopes to increase her production capacity, which will ultimately help in generating more cash.
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.