Saleem is a 55-year-old married woman and the mother of five. Her husband appears in this photo with her. For the past three years, Saleem has been running a general store with the support of her husband. She has become famous in her street for providing good quality products at reasonable prices.
Saleem is requesting a 35,000 PKR loan through the Kashf Foundation to fully stock her store and purchase beverages, biscuits, rice, and sugar. This will be her third loan cycle and she has a good repayment history. Saleem states that microfinance services have enabled her to improve the living standards of her family. Now she has better access to finances to provide the basic necessities of life and live a happy life with her family.
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.