Nurul Islam took the risk of taking out a high interest loan from another source to buy a reconditioned taxi but the interest payments were too high

IMPACT

Jun 10

Nurul Islam makes his living as a driver of a three-wheeled taxi, known as a TucTuc. Wanting to provide a more secure future for his seven-strong family he took the risk of taking out a high interest loan from another source to buy a reconditioned taxi, but the interest payments were too high. This was where Children’s Hope came to the rescue. He decided to take a loan from the charity’s microcredit scheme, which repaid his high interest loan and enabled him to manage his family finances with a low interest micro credit loan.

COMMUNITY DEVELOPMENT

Nabil Al-Jannati

Nurul Islam took the risk of taking out a high interest loan from another source to buy a reconditioned taxi but the interest payments were too high

After her husband’s death in 2007, Kulsum became the sole bread-winner for her family of four.

Rahima took out her first micro-credit loan in 2009 and invested the money in her business to help generate the extra income required for school costs.