A loan of PKR 50,000 helped to expand garments and artificial jewelry shop.
Manzoor Ahmed is a 29-year-old driven young man with a passion to grow his own business. Living in a semi urban area of Lahore and earning a small amount, Manzoor and his family are surviving in a tough financial situation. Although, he runs a small shop of artificial jewellery and garments in Lahore but he is never able to make enough profits to manage his household expenses with ease. Due to his limited investment, his sales and profits remain low. Despite working hard all the time, he sees no other opportunity to increase his profits and generate more money. Struggling with his problems for a long period, Manzoor decided to reach Seed Out for help. He has requested a micro-loan of PKR 50,000 to expand his garments and artificial jewelry shop. He intends to buy more inventory for his store which he will be able to sell to greater number of customers. His profits will increase and he will be able to manage his expenses well enough. He will also be able to save for future expenses.
It helps a person grow his business and earn better income to provide for his 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 2000.00
Disbursed date:
Oct 15,2019