Shahnaz is a 51-year-old married woman. She is the mother of three children; one of her sons is shown in the photo with her and runs a small general store in their community. He has three years of experience in this field. He makes a good amount of income to bear their household expenditures. For the improvement of her son’s business, Shahnaz requested a loan of 40,000 PKR to buy packs of grains, biscuits and beverages to meet with the increasing demand in her son's store. She is expecting a boost in his earnings and dreams of expanding his business in the future.
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.