Kashf Foundation (DFC-2018-KASHFFOUNDATIO)

Countries
  • Pakistan
Where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Kashf Foundation
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 7.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 10.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Jun 19, 2020


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Project Description

According to the bank's documents, "This Project, as a part of OPIC’s 2X Gender Lens Investing Initiative, is expected to have a highly developmental impact through the expansion of lending to women micro-entrepreneurs throughout Pakistan. The OPIC loan will focus on expanding micro lending, but Kashf as an organization also has a secondary focus on providing value-add services to microfinance clients including business training and technical assistance, gender equality trainings, and access to healthcare."

Investment Description
  • US International Development Finance Corporation (DFC)
Private Actors

The project's sponsor is MicroVest Capital Management LLC (Delaware).

Contact Information

No contact information provided at time of disclosure.