A loan of PKR 210,000 helped to buy an auto-rickshaw.
Muhammad Ayoub, a 53-year-old father of 6 children lives in a small house with substandard conditions in Gujranwala. It becomes hard for Ayoub to manage his expenses each month as all of his children go to school and he has to pay their fees. Previously working as a labourer, Ayoub recently started driving a rental auto rickshaw. However, due to his increasing household expenses he was not able to save money for his children’s education. Out of his 6 children, unfortunately only 3 are able to attend school. His two elder sons also contribute to their father’s finances by doing jobs so that he can get some financial relief. Ayoub has requested a loan of PKR 210,000 in order to purchase his own auto rickshaw. He wants to increase his income by driving his own auto rickshaw around the city and reach maximum customers. Owning his Auto Rickshaw would enable him to save on the rent. He believes that this way he can generate more revenue, do not have to pay rent for the rickshaw and after paying the instalments back, the rickshaw will become his own asset. He is positive that he will provide better quality life to his family from his increased income. He will be able to afford better medical facilities and education for all of his children so that they lead better lives unlike their parents. We can help this diligent man achieve his dreams by donating from the platform of crowdfunding.
It improves the financial situation of the family and guarantees quality education to children.
Country
PKR 271,500

Average annual income

PKR 45,485,100

Funds donated in Gujranwala

0

Projects fundraising in Gujranwala

612

Project raised in Gujranwala

Deserve for

Loan Length 0Months
Repayment schedule:
Monthly
Installment per month:
PKR 5000.00
Disbursed date:
May 03,2019