Ms. Razia is a 33-year-old married woman and a mother of four children. The man shown in the photo is Razia's husband--they both work together to grind flour for the community. They started this business many years ago. Now they have a good clientele in the area. They are known for providing high quality flour and earn enough to support the needs of their family. In order to purchase wheat Razia contacted the Kashf Foundation and applied a loan of Rs. 50,000. This loan will help them to serve more customers which ultimately will help in generating more cash. Razia wishes to spend part of the improving the lives of her family members.
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.