Malik needed £592.58 for his business.
Malik Imran lives in a locality of Lahore called Kot Khawaja Saeed. He is 28 years old and single. He lives in a joint family with his parents and three siblings. Both his parents and three sisters depend on him and his younger brother. His younger brother of age 26 has a menial job from where he earns 14,000 rupees (approx. $134) in a month. Imran is a welder and has been doing this work for over a year now. He welds iron doors, windows, fences etc. for different shops and commercial buildings. He earns 20,000 Rupees (around $191) per month. He estimates that his total home expenses are over 23,000 Rupees including utility bills, food, clothing and his sister’s education. With his current level of income, he is hardly able to save anything to invest in his business. He needs some money to invest in his business and raise his profits. He has applied for loan that he will use to buy iron sheets, welding rods and iron rods from Misri Shah market in Lahore. He reckons that his income will increase, which he will use in further business development as well as to provide better living conditions to his family.
loan added: 17 March 2017
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ian and allison