Name: Mohammad Shaffi
Home Town: Mehmoodabad, Karachi, Pakistan
Business: General Store
Loan: Rs 25,000

MOHAMMAD SHAFFI runs a general store specializing in women’s products such as make up, jewelry and other accessories. He took a loan of Rs 25,000 from Tameer last month to purchase stock for his store and is now turning a higher profit than usual. Shaffi has been running this store for 30 – 35 years and has long had plans to improve it and sell more products in order to support his family of 11. He last took a loan 5 years ago from another microfinance bank but was put off the process due the “the time it took for the loan to come through and all the nasty paperwork!” Naturally, he was thrilled to get a loan from Tameer in less than a week and plans to open a savings account here and to get a top up soon. Shaffi lives and works in Mehmoodabad.