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Microfinance Loan Project 2024 — Empowering
Lives with Dignity
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Interest Free Loan
At The Tooba Foundation, mobility means opportunity. Through the Riders Relief Project, we offer affordable bike repair support to daily wage earners, laborers, and students who rely on two-wheelers for their livelihood. This project is designed to reduce the burden of repair costs and ensure that essential transport remains accessible for the most hardworking members of our community.
1. Business Support
2. Education
3. Libration
4. Transportation:
5. Medical Aid
6. Construction
Business Support
265 individuals started or sustained small businesses
Education Assistance
172 students received financial support for their studies
Liberation from Debt
20 individuals were rescued from exploitative debt cycles
Medical Emergencies
10 patients received urgent medical financial assistance
Construction Support
2 families received housing repair loans
Transportation Aid
0 individuals (currently being reviewed for future scope)
We ensure every rupee is used with accountability. Applicants undergo basic verification, and our volunteers guide them through each step—from application to disbursement and follow-up. This model has not only provided financial support but also restored self-worth and confidence in countless individuals.
Sustainable Impact, Not Just Support
Our interest-free loans are more than temporary relief; they offer long-term empowerment. Every rupee is used with care and accountability. Applicants go through a structured verification process, and volunteers provide guidance from application to repayment.
We make sure that:
- Every recipient is treated with respect and dignity
- Loans are markup-free, with no service charges
- The program supports entrepreneurship, education, and emergencies
- A repayment cycle is maintained to help others benefit in the future
“Our Health Card Program brings peace of mind to thousands—because no one should have to choose between health and survival.”
Looking Ahead
With growing demand and rising inflation, our goal is to expand this program in 2025 and beyond, ensuring more families gain access to ethical, interest-free financial services.