Chanda is a married woman and has been running her own beauty parlor for many years. She is doing her job passionately; she knows the techniques of makeup and hair styling. She is a well-known beautician in her town. Chanda is a responsible mother of four children. She has slowly but surely improved her business through the support of Kashf Foundation.
Now she has requested a loan of 40,000 PKR to buy more beauty products for her beauty parlor, including lotions, makeup kits and lightening creams. The loan would enable her to cater to a large number of customers efficiently.
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.