Pakistan's EFU Life & Kashf Foundation Launch Plan for Women's Empowerment

By: GWL Team | Wednesday, 4 October 2023

EFU Life, a prominent supplier of family takaful and life insurance, has collaborated with Kashf Foundation, a pioneering microfinance organization, to launch the revolutionary "Khushal Mustakbil Plan."

Through a unique insurance plan integrated with microfinance services, this program strives to empower women while also providing financial resiliency.

Recognizing women's important role in society, the Khushal Mustakbil Plan is meant to suit their financial requirements, allowing for improved financial decision-making and managing unanticipated emergencies.

Mr. Aamir Khan, Insurance Commissioner at Pakistan's Securities and Exchange Commission (SECP), applauded the initiative for increasing financial inclusion and women's empowerment.

Ms. Roshaneh Zafar, MD of Kashf Foundation, emphasized the plan's emphasis on low-income women in Pakistan, with the objective of assisting them in setting reasonable financial goals and creating a more inclusive and resilient financial environment.

Mr. Mohammed Ali Ahmed, MD & CEO of EFU Life, expressed his pleasure in co-creating this new financial solution, highlighting EFU Life's commitment to elevating disadvantaged groups and fostering financial independence among Pakistani women.

This cooperation between Kashf Foundation and EFU Life emphasizes the value of teamwork in empowering women and creating a long-term difference in their lives throughout Pakistan.