Pakistan
Malik Muhammad Hanif is 55 years old and lives Badami Bagh in Lahore. His earnings are the sole source of provision for his family of four. He is married and live with his wife and two daughters. His daughters stays at home at takes care of household chores and look after their mother.
Muhammad Hanif provides goods transporting services through donkey cart for the last six years to support his family financially. He earns around £76 per month. He, however is not giving up on the dream of providing a better living standard for his family. Now he wants to purchase a rickshaw after selling donkey and cart. He feels this will lead to a good earnings. Hanif has applied for a loan from Akhuwat. He will use the funds to purchase his auto rickshaw so he can increase his income.
The number of COVID cases were high in Pakistan at the beginning of the pandemic. A strict national lockdown helped reduce cases, but the virus is still prevalent and regional lockdowns continue to have a big impact on economic activity. The low-income entrepreneurs we support in Pakistan require working capital to help rebuild their businesses and provide a vital source of income for their families again.
“If you are lending, please be aware that due to the current COVID-19 pandemic your repayments could be at greater risk of delay or default”.
Loan added: 10 December 2020
Malik's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £16.30 | ||
| £11.18 | ||
| £11.18 | ||
| £11.18 | ||
| £11.18 | ||
| £11.18 | ||
| £11.18 |
The above amounts are indicative, based on the exchange rate the day this loan was added to the website. The actual amounts you will receive will be based on an exchange rate at the time the repayment is returned to your account. See our Help Centre for more information.
