A loan of $216 helps to expand a clothing business.
Shamim Bibi need a loan of $216 A loan of $216 helps to expand a clothing business.
"Those who spend their wealth [in Allah 's way] by night and by day, secretly and publicly - they will have their reward with their Lord. And no fear will there be concerning them, nor will they grieve." - Quran 2:274
37-year-old Shamim Bibi from Bahawalnagar is an exemplary woman and a model of inspiration for those around her. Shahmim has a firm belief that good times will only come from hard work and dedication, instead of just wishful thinking. Shamim takes care of her old parents and her 6 children, all of whom attend school. Taking care of 9 family members is already quite demanding but there is even more that Shamim is doing. She is running a clothing business so she can earn for her children. Moreover, although being very old-age, her father still works as a plumber to make ends meet. Shamim gets sad when her father has to do demanding physical work even at this age, and she wants to earn more so her father does not have to work anymore and give himself some much-needed rest.
Unfortunately, Shamim currently has only Rs. 20,000 worth of stock left. She needs to expand it by adding a greater stock, which will raise her income up to Rs. 15,000 monthly. She wants to support her husband who works as a plumber, like her father. Her financial worries will ease with this boost in income. For her business expansion, she has requested a loan of $216 from Seed Out.
To support a woman who has made hard work a part of her life, please support Shamim Bibi by funding her business and reward her for her efforts.
It rewards a hard-working woman for her efforts.
It rewards a hard-working woman for her efforts.
Tags
#Bahawalnagar
#Children's clothing shop
#Female
$216 fundedraised of $216 goal
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Field Partner
SEWA Foundation
Average cost to borrower
PKR 2,500
Profitability (return on assets)
15%
Delinquency rate
2.5%
Loans at risk rate
1.8%
Default rate
0.5%
Currency exchange loss rate
0.3%
Lending Partner risk rating
"Those who spend their wealth [in Allah 's way] by night and by day, secretly and publicly - they will have their reward with their Lord. And no fear will there be concerning them, nor will they grieve." - Quran 2:274
37-year-old Shamim Bibi from Bahawalnagar is an exemplary woman and a model of inspiration for those around her. Shahmim has a firm belief that good times will only come from hard work and dedication, instead of just wishful thinking. Shamim takes care of her old parents and her 6 children, all of whom attend school. Taking care of 9 family members is already quite demanding but there is even more that Shamim is doing. She is running a clothing business so she can earn for her children. Moreover, although being very old-age, her father still works as a plumber to make ends meet. Shamim gets sad when her father has to do demanding physical work even at this age, and she wants to earn more so her father does not have to work anymore and give himself some much-needed rest.
Unfortunately, Shamim currently has only Rs. 20,000 worth of stock left. She needs to expand it by adding a greater stock, which will raise her income up to Rs. 15,000 monthly. She wants to support her husband who works as a plumber, like her father. Her financial worries will ease with this boost in income. For her business expansion, she has requested a loan of $216 from Seed Out.
To support a woman who has made hard work a part of her life, please support Shamim Bibi by funding her business and reward her for her efforts.
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