Kousar is a married woman and a mother of seven children. Her husband is working for daily wages, and his income is not enough to support his family. That is why Kousar is running her own business, producing and selling milk, to contribute to the family income. Over time, Kousar has become famous in her area for providing good-quality milk.
To get an increase in the production capacity of milk, Kousar is requesting a loan of Rs. 30,000 through Kashf Foundation. She will use the loan to purchase another buffalo. She expects a boost in her earnings with her loan, and she plans to spend her profits on expanding her business further.
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.