Muhammad Arshad

Lahore, Pakistan

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Muhammad needed £234.72 for his business.

Amount Requested

Amount requested:

£234.72

Repayment term

Repayment term:

20 Months

Activity type

Activity type:

Mobile Phones

MFI Partner

MFI partner:

Akhuwat

Muhammad Arshad Khan is a resident of Badami Bagh Lahore. He rents a small shop in his locality where he sells mobile phones. He sells mobile phone accessories (chargers, charging cables, phone cases, glass protectors, earphones etc.). He has been running this shop for some years now and earns 18,000 rupees (about £109) per month. There are seven members in his family, which includes his wife and five children. Four of his children are old enough to get an education. He is the sole earner of the family. Life is quite challenging for him, as he has to bear all the expenses of his family and also pay the shop rent of 3000 rupees (about £18) per month. Arshad has requested this loan in order to visit Hall Road market and buy mobile phone accessories for the latest mobile phone sets. He hopes this will help him to attract more customers.

loan added: 16 April 2018

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Muhammad's loan Repayment schedule

Date Expected repayments Actual repayments
April 2018 £21.34 --
May 2018 £10.67 --
June 2018 £10.67 --
July 2018 £10.67 --
August 2018 £10.67 --
September 2018 £10.67 --


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