Fateh is a 57 year old, hardworking, married woman. Her husband is a farmer and his income is not enough to support his family.
Before starting a milk production business, Fateh’s family often lived in hand to mouth conditions. She decided to support her family for a better and secure future for her children. Now she has 1 cow and 9 buffaloes and has good sales of milk on a daily basis. Her customers are satisfied and give her value due to her honesty in business. She has a very good credit behavior with Kashf and she is currently in her 8th loan cycle.
Fateh is requesting a loan of 55,000 PKR to purchase a new cow. She wants to increase milk production according to the customer needs and the increasing number of customers. She wants to use the profit from the business on her family needs and reinvest in her business.
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.