A year ago, she started her own business of a beauty parlor in a small corner of her two-room house in order to fight poverty. Sumira works tirelessly to keep the business running because she plays a vital role in supporting her family.
Her father is employed in a factory and is paid less than the family's expenses. Sumira’s siblings are not old enough to earn for their family. Sumira is gaining popularity day by day in her community.
Sumira has requested a loan of PKR 25,000 to buy some furniture and tools, such as hair dryers, rollers and streamers, to allow her to cater to many customers at a time. She is hopeful to earn more through her larger investment in her parlor. She wishes to provide a better life for her family members.
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.