Ambreen, age 45, is a married woman. She has been weaving sweaters, caps and shawls for many years. She works hard on her weaver every day so she may earn a living for her family and provide food, health, and education. Ambreen is requesting a loan of Rs. 40,000, which she will use to purchase bundles of wool and threads in different colors along with packs of needles. With the loan, she hopes to increase her sales. She is in her 3rd loan cycle with a good repayment history.
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.