Zarina is a 46-year-old married woman who has been running a business selling milk with her husband for many years. She has three cows and one buffalo, which she uses for milk to sell to the people of her locality. She also sells butter and cheese to generate an extra amount of profit.
Zarina has become famous for providing good-quality milk and makes enough to contribute to her family's income. She has gradually improved her business with the support of the Kashf Foundation. Currently she is in her seventh loan cycle, and has now applied for a loan of PKR 50,000. This will allow her to purchase one more cow. Zarina is hopeful that this loan will be a productive one for her and will bring positive changes to her business.
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.