Perveen is a 37-year-old married woman and a mother of five children. She is trying hard to fulfill their demands, including food, health, clothing, and education. She, along with her husband, has been doing the work of agriculture for many years. She crops different vegetables and fruits and sells them in the local market. She has gradually improved her business with the support of Kashf Foundation.
In order to purchase different types of seeds with packs of insecticides and pesticides, Perveen applied for a loan of 40,000 PKR (Pakistani rupees). This would help her to grow more crops, which ultimately helps in generating more cash.
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.