A loan of PKR 60,000 expanded garments inventory for sale.
Zulfiqar Ahmed is a struggling father of four kids who is unable to fulfill his children necessities. Living in an expensive city like Lahore, financial problems for a poor person increases. From education to medical services to essential household items, prices are doubled. Similarly, for Zulfiqar, life has become more difficult as his kids have grown older. Being the sole breadwinner of the house, he tries hard to meet all the needs of his family. With a 10 year experience of selling garments, Zulfiqar continues to work in the same field. He sells limited clothes on a small cart and sells in different markets in Lahore. This way, he can target a variety of customers, but due to insufficient stock, his income does not increase. With the current income, he is hardly able to make ends meet. Luckily, Zulfiqar came across Seed Out’s rickshaw and contacted Seed Out immediately. He applied for a micro-loan and requested a loan of PKR 60,000 to expand his garments stock. Based on his garments’ knowledge, he can easily sell to a large number of customers and increase his income. Not only this if his business grows, but he also plans to shift to a shop from a cart in a well-known cloth market and grow his business. We genuinely support borrowers like Zulfiqar, who possesses the massive potential to grow their business. Donate to Zulfiqar to support his dream!
It helps a potential entrepreneur to grow and generate income for his family.
Contributing donors (1)
Country
PKR 271,500

Average annual income

PKR 32,985,370

Funds donated in Lahore

0

Projects fundraising in Lahore

331

Project raised in Lahore

Deserve for

Loan Length 0Months
Repayment schedule:
Monthly
Installment per month:
PKR 2500.00
Disbursed date:
Oct 28,2019