A loan of PKR 60,000 helped to start a mobile shop.
Abdul Razzaq Shahid is a poor person who has multiple responsibilities on his shoulders. Razzaq was diagnosed with Hepatitis C a few years ago. Because of his disease, his family suffered too. Razzaq got jobless for a long while as before that he was working at a mobile shop. His children started working at a tender age to support their father’s medical treatment. His daughters started working to contribute to the household income. Problems increased for Razzaq and his family. Razzaq wants to get his daughters married at the right time but he does not have enough finances to arrange. Razzaq is earning only a limited amount which makes their family very needy. Razzaq reached out to Seed Out for financial assistance in the hope of escaping poverty. Razzaq has requested a loan of PKR 60,000 to start his mobile shop. He believes his 18 years of experience will prove to be valuable to run a successful business. His family’s problems will be reduced. His daughters will not have to work to support their father. Razzaq will generate enough to save and arrange weddings for his daughters. Razzaq is one of our very needy borrowers whose life will transform drastically after setting up his own business. His eagerness to grow will make him a successful entrepreneur in the future.
It helps a person fulfill his family's needs and save for his daughters' weddings.
Country
PKR 271,500

Average annual income

PKR 11,048,500

Funds donated in Faisalabad

0

Projects fundraising in Faisalabad

160

Project raised in Faisalabad

Deserve for

Loan Length 0Months
Repayment schedule:
Monthly
Installment per month:
PKR 2500.00
Disbursed date:
Oct 30,2019