British International Investment (BII) has reaffirmed its commitment to empowering women in Pakistan through a follow-on investment in Kashf Foundation, a leading microfinance institution. BII, along with Finnfund, has injected $15 million into Kashf Foundation, furthering its mission to uplift communities and foster financial inclusion.
With over 750,000 customers, Kashf Foundation plays a pivotal role in the microfinance landscape of Pakistan, with more than 70 percent of its loans directed towards women-led micro-enterprises. Since BII’s initial investment in 2021, Kashf Foundation has emerged as the largest microinsurance provider in the country, extending its services to previously underserved communities.
In addition to its microfinance initiatives, Kashf Foundation has introduced innovative health insurance products tailored to meet the needs of marginalized women, marking a significant stride towards bridging the gap in access to insurance services.
The partnership between BII and Kashf Foundation underscores a shared commitment to women’s economic empowerment and sustainable development in Pakistan. BII’s ongoing support reflects its dedication to fostering positive change and driving impactful investments in the region.
