About Us - FWBL

MICRO SUCCESS STORIES

MUMTAZ BEGUM

Mumtaz Begum is a resident of Village Kalaskay, District Gujranwala where most families are involved ,in micro enterprises. Women actively help their male counterparts in earning livelihoods for their families. Mumtaz's husband had a small grocery store that yielded an income of Rs. 3,000, insufficient to support his family of three. He suggested to his wife that by purchasing a refurbished ice cream machine, they could increase their net take away income by Rs. 3,000. Mumtaz sought a loan of Rs. 8,000 from FWBL and by adding 9,000 from their savings, they purchased an ice cream machine. In the first few days, their average daily income was Rs. 75, which gradually rose to Rs. 110. They used this additional income to increase the working capital of their grocery store.

Mumtaz's family has set an example of self-reliance for the entire village. FWBL is proud to be associated with people who are self-reliant and have a spirit of enterprise.

MAQSOODAN BIBI

Maqsoodan Bibi is a resident of the Kakargill village, Sheikhpurua. Belonging to a conservative family, she took the initiative of starting her own business, as the income from her husband was not sufficient to support her family of six children.

She utilized her experience in cooking Khoyia (something she learned from her father) to start a small business within her village. Availing a loan of RS.10,000, she started making Khoyiaon a very smallscale. Her family helped by selling the produced Khoyia to sweet shops around Sheikhpura. Within a year, her, business flourished and soon she hired people to assist her in the business. She availed a second loan of Rs.20,000 to further expand her business which helped them in improving their family's social and financial condition, purchasing an additional buffalo for their business and even own a piece of land (10 Marla plot).

Her business is continuing to expand, as she has just taken a third loan of Rs. 25,000. Maqsoodian Bibi's story is an example of what FWBL believes in-the micro-borrower of today is a SME and corporate client of the future.