A loan of $216 helped to expand a furniture business.
Muhammad Bilal is a 36-year old man from Bahawalnagar who struggles each day in his life. His whole day is dedicated to earn some extra income just to provide for his family. Being the sole breadwinner of the family, he has to take care of all the necessary demands of his children. He is a father of 4 small kids who do not even go to school yet. It becomes difficult for Bilal from his current work to manage all the expenses. He currently runs a small road side stall of wooden furniture where he makes and repairs furniture items. Due to limited resources he only has 4-5 furniture sets for sale every month which does not produce enough profits to cover his business costs and household expenses. As he has no investment to expand his business, his problems are only increasing. Bilal reached Seed Out for a micro-loan of $216 to expand his furniture business. From this loan, he wants to buy more raw material in order to expand his inventory of furniture items and sell to a wider range of customers. His increased income will help him provide enough for his family and take care of the needs of his children.
It helps ease the financial problems of a needy person.
Contributing donors (1)
Country
$1,629

Average annual income

$0

Funds donated in Bahawalnagar

0

Projects fundraising in Bahawalnagar

0

Project raised in Bahawalnagar

Deserve for

Loan Length Months
Repayment schedule:
Monthly
Installment per month:
$ 9.00
Disbursed date:
Aug 08,2019