Tahira, age 33, lives with his husband and five children in Lahore. She started her general store business a year ago at the corner of her house. She offers a variety of grocery items at reasonable prices and has retained many customers who regularly shop at her store. She is motivated to provide for her family. As she wants to grow her business, she needs more variety of products to attract more customers. For this reason, she is requesting for a loan of Rs 20, 000 to buy stocks of rice, flour, gram and spices from the market at wholesale rates. This will help her to meet customers’ demand time after time, which ultimately helps in generating more income.
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.