Hajran is a 58-year-old married woman. For about six years, she has been doing hand embroidery work. She makes beautiful patterns for the people of her community. Her designs are much in demand and she has managed to consolidate a clientele that allows her to contribute to the expenses of her home. To help her continue her operations, she has requested a loan of PKR 40,000 to buy reels of threads in different colors, packs of beads, sequins and stones for embellishment. This way, she will be able to cater to more customers consistently. She is hopeful of getting an increase in her income by targeting more customers. She is in her fifth loan cycle with good credit 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.