Iqbal, age 56, is a married woman, doing a business of cattle buying and selling with the help of her husband of many years. She sells cattle in different markets in the city. Her business is good enough to provide her family with a decent living. She is a mother of four children. She is in her second loan cycle and has requested a loan of 30,000 PKR. She intends to utilize the loan amount to purchase more cattle to inflate her sales. She is hopeful that her business will generate greater revenue 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.