100%

funded

Total loan: $1,075

Shafaqat's Group

Faisalabad, Punjab, Pakistan / Arts

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A loan helped To buy cloth in bulk for her boutique business.


Shafaqat's Group's story

Shafaqat, age 53 (with hand raised in the photo), runs a boutique business from her home. She purchases cloth from different textile firms and provides it to different tailors and embroidery experts, with whom she has contracts. Their task to complete finished products from the cloth for her to sell in her shop. She is very active and gives the maximum time to her business every day, which is why her business is going well. She contributes to her family's finances from the proceeds of her business. She has 10 years of experience in her business and is very confident about its growth. She has applied for a loan from Kiva partner Asasah to apply toward her boutique business. With the loan, she will purchase cloth in bulk to fulfill larger orders on time and to add variety to the display in her boutique. This is her second loan application from Asasah. Over the previous loan year, she has proved herself as a responsible client who always paid her installments on time and never missed any meetings. Shafaqat lives in the city of Faisalabad, which is located in the Punjab province of Pakistan and is famous for its textile industry. She lives with her parents in a three-room house in an area named Islamia Park.