Ms. Salma is a 23-year-old married woman. She has been running a general store business for the last five years with the support of her husband. The man shown in the photo is Salma’s husband.
In order to make her store fully stocked, Salma contacted Kashf Foundation and applied for a loan of Rs. 25,000 to purchase a stock of rice and flour, with packs of pulses and grains.
Salma hopes to get an increase in her net income through her large sales. She wishes to spend part of the income on the betterment of 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.