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Name: Sheikh Mohammad Waris
Home Town: Orangi Town, Karachi, Pakistan
Business: Garments
Loan: Rs 30,000
SHIEKH MOHAMMAD WARIS availed a RS 30,000
entrepreneurial loan from Tameer in order
to purchase raw material. He runs a small
garment manufacturing unit in Pakistan Bazaar
that produces hand embroidered cloth and
designed and painted fabrics for women. Waris is
a college graduate and is now getting a diploma
in fashion designing. He wishes to apply any
skills he learns to his work.
This is the first time Waris has had access to a
formal source of funding and he is now making
plans for the future. “I want to expand my unit
and make it a proper factory. Before I took the
loan had no future plans.” He hopes that in the
future, Tameer will extend its 12 month loan
tenure and that guarantors will be allowed to
take loans too.
Waris was born in Patna, India, where
most of
his relatives still live. His family moved to
Pakistan shortly after partition and he is a
habituated Pakistan Bazaar resident. |