Ms Salata is 28-year-old married woman and a mother of three. She has been in the business of selling cloth for two years with the support of her husband. The man shown in the photo is Salata’s husband. Her husband assists her in selling it on the local market. He has many contacts and gained popularity among his customers. Salata serves well in her community by providing good quality cloth.
They need to buy more varieties of cloth for display, so Salata requested a loan of PKR 15,000, this will help her to increase her sales. She is hopeful that she will earn more profits and wishes to spend part of the profits on the expansion of her business and 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.