Poverty is one of the most difficult challenges facing humanity. Poverty is fundamental not reaching the minimum standard of living and not enough money to buy important necessities of life such as food, clothing, shelter, basic education, health, and many others. The poor are those who do not have enough income or consumption to earn beyond a minimum social welfare do not have now it is not only considered an economic problem but it is also recognized globally and socially (World Bank 2001a). Because poverty is more or less the same in almost all countries of the world and each community tried to address this issue with its own resources and methods.

Small and medium-sized enterprises (SMEs) not only support the country in financial and business aspects but also overcome unemployment by creating job opportunities. The SME sector contributes more than thirty-five percent of the country’s Gross Domestic Product (GDP). The study aims to discover entrepreneurial-specific characteristics and their impact on accessing bank financing. The study collects primary data through questionnaires. Approximately 204 questionnaires were distributed randomly, out of which 192 were returned and analyzed through a binary logit model. Entrepreneurial personal traits play a vital role in obtaining financing from banks and other financial institutions in Pakistan. The study reveals that age and level of education are significant and play a vital role in accessing bank financing in Khyber Pakhtunkhwa (KP). Conversely, gender, experience, and SME skills that entrepreneurs have are insignificant to accessing bank financing in KP. This paper attempts to identify the entrepreneurial-specific characteristics within a large sample size of enterprises and compares the small and medium-sized ones separately in KP, Pakistan. Additionally, the study reveals how an entrepreneur’s personal traits impact the accessibility of bank financing and the need to formulate strategies and policies to strengthen these entrepreneurial-specific characteristics through training, development, and personality growth for the efficient operations of the SME sector in KP, Pakistan. The study is also significant for policymakers, stakeholders, and lenders.

The World Bank Group (WBG) has a contractual relationship with the United Nations (UN), which has a history of its founding, and through that relationship acts to form an association that supports member states and results in development. Contributes Effectively, over the years, the WBG has collaborated with the United Nations in virtually all regions and sectors to protect the different mandates of each organization, and its commitment deepens as the Millennium Development Goals (MDGs) are adopted and now with Sustainable Development Goals (SDGs). Toady poverty is a challenge for the World and a lot of individuals living below the poverty line. According to World Bank billions of individuals live in extreme poverty i.e. below 1.9$ per day. Around one billion people around the World live in extreme poverty, The World Bank vision 2030, that to eradicate poverty across the globe and that’s why they set SDGs  with UN for the betterment of the community and individuals live equally and have access to their basic necessities of life. The United nation’s 17 SDGs are a joint venture for the better and more sustainable future of our planet and its inhabitants. The UN & World Bank placed poverty eradication is goal number one among 17 sustainable development goals and we can see the importance of the poverty eradication among SDGs goals. Towards achieving of SDGs number I, this study takes the Khushal Garh village of the Malakand District of Khyber Pakhtunkhwa Pakistan as a case study, and sees that how the efforts are made for the attainment of SDGs of WBG and UN, and the people are getting better from their previous life style. This paper also highlights some factors which cause poverty in the country. This model can also be used by other countries in their respective context and will lead the eradication of poverty in terms of health care and educational facilities, which results the socioeconomic development of a community.

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