Pakistan
Mubeen Majeed is a resident of Jalal Park, Lahore. He lives with his parents and five siblings. Three of his siblings are getting education.
Mubeen is a dry cleaner. He offers washing, dry cleaning and pressing services to people of his locality. He has been running this business for 2 years and earns about £89. Mubeen wants to buy a washing machine and spinner to expand his business further. He has applied for this interest free loan from Lendwithcare's micro-finance partner Akhuwat to start with buying a washing machine and spinner for his business next time he will add a dry cleaning machine because it is quite expensive compared to the normal dryer and washing machines. His father also works with him.
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: 18 December 2020
Mubeen's loan repayment schedule
Date | Expected repayments | Actual repayments |
---|---|---|
£13.79 | ||
£9.19 | ||
£9.19 | ||
£9.19 | ||
£9.19 | ||
£9.19 | ||
£9.19 |
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.