Ms. Sulan is a 51-year-old married woman who has been running a business of milk selling with her husband since many years ago; this was their forefathers' business and now they are doing it themselves. The man shown in the photo is Sulan’s husband. They have two buffaloes to milk and sell their milk to many of their neighbors, along with butter and cheese that they make from the milk. She looks after the buffaloes and performs the task of collecting milk from them while her husband sells it to different places on a daily basis. They are happily doing it together to support their family. They have five children; three of them are school-going.
They need to earn much more to meet their everyday expenditures including food, clothing and education. In order to make huge profits, Sulan requested a loan of 40,000 PKR (Pakistan rupees) to buy one more buffalo to cater to more customers. She hopes to get an increase in the production capacity of the milk, which will ultimately help in generating more cash.
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.