Waqar Ali has started his business.
Borrower story
Waqar Ali, is a young eighteen year old boy from Lahore. He is the eldest in his family and he wants to diminish the financial load from his father's shoulders. Waqar Ali feels that it is his responsibility to take care of his family and hence he wants to start earning through driving an auto rickshaw. He however does not have any savings or enough resources to afford an auto rickshaw. His father is the one and only breadwinner of their house, his other two siblings are in school and his mother is a housewife. His father is also an auto rickshaw driver and whatever he earns gets spent on day to day expenditures and they live on rent so they have to pay for that as well. Waqar's father claims that their financial situation has improved to an extent ever since he started his profession as an auto rickshaw driver and he believes that it can be even better if his son gets into the same profession. We can help this family by socially investing through the platform of crowdfunding and donate as much as we can afford to.
It will motivate young boys to start their own micro-entrepreneurship.
PKR 262,742

Average annual income

PKR 18,190,670

Funds donated in Lahore

2

Projects fundraising in Lahore

152

Project raised in Lahore

Deserve for

Loan Length 37Months
Repayment schedule:
Monthly
Installment per month:
PKR 5000.00
Disbursed date:
Jan 09,2019