Salma is 38 years old and a mother of three children.
She has been selling milk for five years. She initiated her own business of milk sales through support of Kashf foundation. She bought a buffalo to provide milk in her community. Most of her clients are her neighbors. She is efficiently doing her business to support her family as her husband was the only bread earner before she began her business.
With the passage of time, her sales increased and also her income. She is very thankful to Kashf for its support. She has some savings and applied for a loan of PKR 30,000 to purchase another buffalo. She expects a boost in her business income as she expands her business. She intends to use part of her revenues to improve her house and her family’s standard of living.
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.