Jamila is a 47-year-old married woman and the mother of seven children. Three years ago, she started her own business selling clothes to support her large family. She has a wide variety of ladies’ and gents’ clothes, which she buys from the Faisalabad market and sells in her locality at reasonable prices. She has gradually improved her business and has now applied for a loan of PKR 25,000. She will use this loan to buy a variety of ladies’ and gents’ clothes in different colors and designs to increase her sales. She is in her second loan cycle, with a good repayment history. She hopes to grow her business and dreams of giving a good quality education to her children through all her hard work.
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.