Pakistan
Loan description:
Rashid Ali is applying for a loan so he could purchase mobile accessories and mobile cards. He has been running mobile phone shop from last 12 years.
Rashid Ali lives in Lahore in an area called Badami Bagh. He is 22 years old and single. He lives with his parents, 4 brothers and two sisters. Two of his brothers of age 19-21 support their household by working and they earn 21,000 rupees per month collectively. He runs his shop in rented place (rent is 6,000 rupees). He sells cell phones cases, batteries, chargers, hands free cables, data cables, mobile pouches and calling cards. His customers are passersby and people lives around the area. He earns 12,000 rupees per month. He thinks there is demand for more products but he has no money to invest as he has been using all earnings to cover household expenses. He has applied for a loan. He will buy calling cards, used mobiles, mobile casings, and chargers from the main Mobile market. He will pay back loan in 17 installments.
Loan added: 9 December 2015
Rashid's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £22.59 | ||
| £11.29 | ||
| £11.29 | ||
| £11.29 | ||
| £11.29 | ||
| £11.29 | ||
| £11.29 |
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.
