Parveen is a 40-year-old married woman; she has been running a business of animal sales and purchase for the past four years. She buys animals (baby goats and baby cows) at low prices and brings them up, then her husband sells them out in the market at higher prices. She has gradually improved her business with the support of Kashf Foundation; currently, she requested a loan of 30,000 PKR (Pakistani rupees) to purchase two more goats. She is in her fifth loan cycle with a good repayment history. She hopes to grow her business and dreams of providing her family with a good standard of living.
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.