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The business needed investment to become sustainable.

 

Mehmooda Bibi is a 58 year old, mother of four living in Bhutto colony in the out skirts of Lahore.  Mehmooda has had a tough life but her resilience has helped her overcome dire poverty. Her husband’s income has not been sufficient to feed the family of eight. She ran a home based small business of selling glass bangles, parandas and henna since last few years.

The business needed investment to allow her to bring in more products for her customers. The loan from the bank allowed her to bring in new products, resulting in more customers and more income.

Mehmooda Bibi – Lahore.

 

 

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ABOUT U BANK

U Microfinance Bank Ltd. (U Bank) is a wholly owned subsidiary of Pakistan Telecommunication Company Limited (PTCL) – Etisalat Company. The bank has a network of more than 200 branches, across 183 cities and rural areas in Pakistan and offers a wide range of microfinance loans, deposit products, and branchless banking solutions. U Bank’s branchless banking offers services under the banner of U Paisa in collaboration with Ufone (Pak Telecom Mobile Limited). The service is offered at nearly 45,000 agent locations across Pakistan.

U Microfinance Bank is proud to be at the front line of fighting poverty in Pakistan and is dedicated to play its critical part in the implementation...
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