Tasleem is a 26-year-old married woman and a mother of two. She runs a small general store in her community with the support of her husband. The man shown in the photo is Tasleem’s husband. She offers various goods for daily use at reasonable prices. Her husband assists her by purchasing goods from the market at wholesale rates. They have attained regular customers who prefer to shop at their store on a daily basis.
Tasleem is motivated to provide her children with the basic necessities of life. She wants to grow her business as she requested a loan of PKR 25000 to buy rice, sugar and flour from the market at lower rates. She then would be able to meet the increasing demand consistently. She is in her 3rd loan cycle and has shown excellent repayment behavior. She wishes to utilize part of the revenues to deal with personal expenses and to increase business capital.
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.