At the age of 30, Salma is a married woman and a mother of one child. She runs a business selling wood which is used for the purpose of furniture making. She offers various types of wood in different sizes, and has become famous by providing good quality wood in her community. Salma operates the machine at home with the help of her husband. She is trying hard to fulfill the needs of her family members.
It’s her fifth year with Kashf Foundation. She is satisfied with the support of Kashf foundation. Currently, she has applied for a loan of Rs. 50,000 to purchase another wood cutting machine, to increase her sales. She expects a boost in her earnings and wishes to spend a part of the profits on the expansion of her business.
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.