A loan of PKR 50,000 helped to expand a general store.
Muhammad Akram is a 34-year-old struggling parent who is committed to do his best in order to provide his children and wife with quality lives. While working as a laborer for 20 years, Akram’s job included immense physical work and hardships but this never stopped him. He never gave up his goal to earn a sufficient amount to support his family. When his children got older, his expenses increased. He started his own general store at his home to earn extra money. But since the investment was limited, general store did not prosper. Akram had to continue working as a laborer. Akram did labor work in a tile factory when need be and also looked after his general store. Life in poverty and hardships have exhausted Akram and now he wants to escape poverty through sustainable means. Akram has requested a loan from Seed Out of PKR 50,000 through its online crowd funding platform in order to expand his general store. He will purchase a variety of goods in order to sell at his store and also fulfil its operating costs with ease. More customers will visit his store and buy goods which will increase his income. Akram will improve the livelihood of his family with the improved income. He will provide his children with quality meals, pay for their school and tuition fees and fulfil their demands. Overall, his family will be able to break the vicious cycle of poverty and live a happier life.
It helps a person provide a decent livelihood to his family.
Country
PKR 452,500

Average annual income

PKR 0

Funds donated in Gujranwala

0

Projects fundraising in Gujranwala

0

Project raised in Gujranwala

Deserve for

Loan Length Months
Repayment schedule:
Monthly
Installment per month:
PKR 2100.00
Disbursed date:
May 03,2019