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Lend with care

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rosemary Rosenfeld01/09/2017 13:24:08
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Ramzana Bibi is a 29 years old resident of district Kasur, Pakistan. She has a family of 3 members. She has been involved in a traditional embroidery business. She along with her brother earns about 14,000 Rupees each month. It’s been a long time since she has been doing this business but now her earning is not enough to support her family. For the sake of expansion of her business she has now requested Akhuwat for a loan she will purchase more material and accessories for her work that will improve her monthly income and make her life easier. She will pay back the loan in 17 installments.

rosemary Rosenfeld01/09/2017 13:29:31
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And 2 more loans have been repaid in full.......Leticia Limaico tiene and Uzma Akbar ..... which is great news....for us but especially for them!

Best Rosemary

rosemary Rosenfeld01/10/2017 11:56:01
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Hi All...we've had loads of repayments and so I've made 2 more loans. Also another loan has been repaid in full. I'll let you have the full details once I get home at the end of the week. Best Rosemary

Sylvia01/10/2017 12:52:59
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I am still happily lending from my own account. Have just donated to MarÍa virginia Cumba who is also an embroiderer.

rosemary Rosenfeld12/10/2017 17:43:49
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We have had a message from one of our loanees........this one from May, 2015

Vestine has been saving and accessing small loans from Umutanguha Microfinance since 2012. Vestine is a tailor and she makes beautiful traditional African dress from printed fabric that her clients bring with them. In addition to these bespoke items she also takes bulk orders from choirs and schools. We met Vestine in her small shop, which had 5 sewing machines in it. She told me that with the loans she has received from Umutanguha she has been able to buy 4 sewing machines and in addition to being able to increase her capacity to take on more orders, she also trains local women in the art of tailoring. The students come most days to learn from her and when she has a big order, she will pay them to help her meet the order. Since she has been able to invest and grow her business, she no longer has to worry how she will provide for her family’s everyday needs. She told me that she no longer needs to worry and she can buy whatever it is they need. In the future she would like to start stocking the fabrics she uses to make the clothes in her shop so that she can sell these as well as her tailoring services.

rosemary Rosenfeld12/10/2017 17:47:02
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And here she is........

lend48.jpg

best Rosemary

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