Kashf Foundation, one of Pakistan's leading microfinance institutions, has been awarded the prestigious European Microfinance Award by the Luxembourg Ministry of Foreign and European Affairs. The award is a first-time win for Pakistan in recognition of the Foundation's credit and training facilities to low-cost private schools. Pakistan suffers from a serious dearth of quality education, especially within the public sector.
As a result, the country has seen a rise in low-cost private schools which look to fill the gap left by inadequate equipment and facilities in public sector schools. After extensively researching the needs of low-cost private schools, Kashf Foundation tailored an integrated solution that provides access to finance, school development trainings, and general pedagogy trainings for teachers. Till date, the Foundation has provided services to 1,100 schools, trained 4,500 teachers, trained over 1,800 school owners.