A loan of PKR 60,000 helped to expand a garments stall.
Muhammad Ajmal is a 37-year-old hard working father who is unable to provide his family with basic necessities of life. Being the sole breadwinner of the house, Ajmal constantly goes through a struggle to fulfill his household expenses. For a very long time, Ajmal ran a garments' stall but was never able to expand it as he could not arrange funds to invest in his business. His kids grew older and his expenses gradually increased but his income did not. Ajmal's sisters also live with him. Realizing his responsibility, Ajmal wants to get them married at the right time but he has no money to do so. Sadly, Ajmal and his family's sufferings have continued to increase as each day passes leading them into bigger problems. Ajmal reached to Seed Out for help. He wants a micro-loan of PKR 60,000 to expand his garments' stall. He believes by adding stock of PKR 60,000, his sales will multiply leading to an improved income. His household expenses would be managed well and he can save money for his sister's weddings.
It helps a person manage his household expenses well and save for future expenses.
Country
PKR 365,165

Average annual income

PKR 46,740,000

Funds donated in Bahawalnagar

0

Projects fundraising in Bahawalnagar

594

Project raised in Bahawalnagar

Deserve for

Loan Length 0Months
Repayment schedule:
Monthly
Installment per month:
PKR 2500.00
Disbursed date:
Sep 07,2019