Ms. Rubina is a 44-year-old married woman and a mother of five children. For the past 20 years, she has been successfully running a business of milk selling in her community. She has three buffaloes and has become famous in her area for providing good quality milk. She counts a good client list and makes enough to contribute to her family's income.
Rubina requested a loan of Rs. 35,000 from Kashf Foundation to purchase one more buffalo. She is hopeful to increase her net income through her larger sales, which will ultimately help bring in 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.