Parveen Bibi

100%
Parveen has fully repaid her loan of £245.98

Amount requested:

£245.98

Repayment term:

20 months

Activity type:

Green

Partner:

Akhuwat

Parveen Bibi is a 54-year-old resident of Kasur who lives with her husband and son. Her son is currently looking for a job.

Parveen Bibi has requested a loan on behalf of her husband, who does not have a valid ID card to apply for a loan. Her husband has been operating a business for the past 23 years that uses power looms to produce cloth. Power looms are automated devices used for weaving fabrics and tapestries. He receives orders from textile mills and procures used and damaged sweaters from various sources like local shops, thrift shops, factory outlets, and production plants to extract yarn for reuse. He also purchases gently used sweaters from Lunda Bazar, a marketplace for used items sold at low prices. His customers are different retailers in Kasur, and he earns a monthly income of just over £96.

Parveen Bibi’s husband wishes to improve his family's quality of life by expanding his enterprise. For this reason, she has requested a loan which he will use to purchase ordinary and woollen yarn. Investing in his business will raise his income, enabling him to provide a better standard of living for his family.

Please note that loan requests are sometimes made on behalf of other individuals. This can be the case if the individual using the loan does not have access to certain documentation for example.

Loan added: 14 March 2024

Parveen's loan repayment schedule

Date Expected repayments Actual repayments
£22.36
£15.00
£11.18
£11.18
£11.18
£11.18
£11.18
£11.13
£11.18
£10.86
£11.18
£10.70
£11.18
£11.10

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.

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