A loan of PKR 130,000 helped to buy a loader rickshaw.
Basit Ali belongs to our ambitious youth of Pakistan who wants to stand on their feet at an early age. Started working at a very young age due to his father’s demise, Basit had high hopes to do something of his own and support his mother and family. Being the eldest son, he sacrificed his education and started working as a laborer. He drove loader rickshaw for transporting goods from one place to another. Despite living in a rented place, Basit managed the house rent and all the household expenses of his family and continues to do so. Basit believes that education is essential and wants all of his younger siblings to gain higher education and become successful in their lives. Basit will led them towards hope as he came across Seed Out. He was impressed by Seed Out’s service of providing interest-free loans. Basit reached Seed Out and requested a loan of PKR 130,000 to purchase a loader rickshaw. Based on his previous experience, he can support a large number of small businesses in Faisalabad by transporting their goods on his loader rickshaw. This way, his income will increase, and he will fulfill his family’s needs efficiently. He will also provide for his siblings’ education. Donate to Basit if you want to see a young and a potential entrepreneur succeed!
It helps a young entrepreneur to grow and support his family.
Country
PKR 290,893

Average annual income

PKR 13,418,500

Funds donated in Faisalabad

0

Projects fundraising in Faisalabad

188

Project raised in Faisalabad

Deserve for

Loan Length 0Months
Repayment schedule:
Monthly
Installment per month:
PKR 5000.00
Disbursed date:
Dec 27,2019