Akbari, 41, is a married woman who has been running a business selling bangles and costume jewelry for many years. She offers colorful bangles in various designs and makes enough to provide for her seven children. Akbari has gradually improved her business with the support of the Kashf Foundation. At present, she is requesting a loan of 40,000 PKR to purchase a variety of bangles in different colors. This will help her to consistently fulfill the demands of her customers. She dreams of providing a good standard of living for her family.
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.