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Total loan: $400
Abdul Hakeem, Punjab, Pakistan / Retail
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Naseem's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy stocks of rice, sugar, and flour at lower rates.
Naseem is 42 years old and married, the mother of five children. She has run a small general store in her community for many years, with the support of her husband. She offers a variety of grocery items at reasonable prices, and she has retained many customers who regularly shop at her store. She makes enough to provide for her family. To stock her store more fully, Naseem has requested a loan of PKR 40,000 that she will use to buy stocks of rice, sugar and flour from the market at lower rates. In this way she will be able to meet the increasing demand consistently. Naseem wishes to use part of her revenues to increase her business capital. She is in her sixth loan cycle with a good repayment history.