A loan of PKR 60,000 helped expand an electronic spare part business.
Muhammad Fiyaz's father is a security guard. He is an old man but does not let his old age deter him from working hard. Although his father has never complained, but Fiyaz realizes how difficult it is for his father to do his duty standing up the entire day. Fiyaz wants to earn enough so his father can quit his work.
Fiyaz is an AC mechanic and electrician. He has all the tools related to his work but not enough spare parts, hence, he often is unable to provide complete services. His business will only get a boost if he has all the necessary equipment available, and thus Fiyaz has requested Seed Out for a loan of PKR 60,000. Currently just earning Rs. 10,000 to 12,000 per month, Fiyaz is confidnt that his income will double once he starts doing business properly.
Fiyaz already has the will to be more financially secure. All he needs is equipment and your donation can help him get what he is need of.
Contributing donors (8)
PKR 290,893
Average annual income
PKR 38,033,370
Funds donated in Lahore
0
Projects fundraising in Lahore
381
Project raised in Lahore
Deserve for
Loan Length
0Months
Repayment schedule:
Monthly
Installment per month:
PKR 2500.00
Disbursed date:
Oct 27,2020