Root is 29 years old and married. She stared a beauty parlor at the corner of her house to contribute to the family income. She is happy to be a working hand in support of her husband and start bringing income to the home. She offers many facilities to her customers such as makeup, hair styling, and facials. Through her services, she has becomes very famous in her neighborhood.
In order to meet with the increasing demands of her customers, she is interested in buying more variety of cosmetics products for the parlor so she is requesting a loan for 35,000 PKR, which she will use to buy a hair dryer, hair straightener, and packs of creams for bleaching and whitening in large quantities. She hopes to expand her client base which helps to generate 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.