A loan of PKR 60,000 helped to expand a general store.
Rubina Bibi, a 38-year-old woman is a selfless mother when it comes to her children. Problems started to surround her household when a few years ago, her husband, Abbas, suffered from a chronic disease. Abbas, not being able to work properly, had to leave his factory job. Their situation continued to become worse, that is when Rubina started her own general store in her home. With the small amount of savings, she bought the stock and started selling. Since, the profit generated by the store was less, Rubina's eldest son, Salman, was forced to leave school. He started working at a young age in order to contribute to the household income and pay for his father's medical expenses. Rubina's family became extremely needy as four of her children were still attending school. After his health improved, Abbas resumed his factory work but did not earn well. Rubina has now reached Seed Out for financial help. Rubina wants a micro-loan of PKR 60,000 from Seed Out through its crowdfunding platform. She wants to expand the inventory of her general store and earn a reasonable amount of profit from the increased sales. This will help with the household expenses, her husband's medical expenses will be easily covered and she can send her children to school without worrying for their fees every month.
It helps empower a female entrepreneur and ease the financial pressure on a family.
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:
Aug 07,2019