A resident of small village near Wagah Border has been a customer of LOLC Microfinance Bank for the last 3 years. A small dairy farmer having 5-6 buffaloes, supplies milk to the adjoining urban areas of his village. “I availed a loan of PKR 350,000 to purchase additional two buffaloes to increase my milk production. Loan from LOLC Microfinance bank helped me to increase my daily milk production to 80 liters per day.” “I am maintaining a very good credit profile with the bank and have requested the bank staff to increase my loan amount to PKR 500,000 since I plan to buy two more buffaloes and animals are getting costlier day by day.
Forty years old Arif Ali runs a small grocery store in Chahar village near DHA Lahore. “I was able to complete the ground floor of my house with the funds available with me. A neighbor of mine informed me about a house mortgage loan being offered by various banks in Lahore”. “I visited LOLC Microfinance bank branch located at the Ferozepur road and after completing all the formalities, I was able to secure a loan of PKR 600,000 to complete the second floor of my house.”
Forty years old Imran Ali Shah, a resident of Batapur area of Lahore is running a business of bridal and fancy dresses for the last 15 years. “I was planning to add more variety of bridal dresses in my shop however, financial constraints did not allow me to do so. I was referred to LOLC Microfinance Bank by one of my relatives and to my surprise I was able to secure a loan of PKR 500,000 without any collateral.” “I utilized the loan amount to add more variety into my stock and was able to double my sales in a span of just three months.” “I am planning to refer my younger brother who is into the business of shoe making to LOLC Microfinance Bank for a business loan.”