A loan of $288 helped to start a fast food shop.
Sohail Tariq is a needy person from Lahore. Previously having a good setup for fast food, he was able to earn enough. Things did not go well when his children grew older and his responsibilities increased. Eventually, he had to sell his fast-food point, for which he worked for 4 years, to pay for his children’s fees. The harsh reality of a person suffering is poverty unfolds when the expenses exceed the income. 35 years old Sohail had suffered badly from this shock. However, the entrepreneur within Sohail was still alive. Although he has started working as a Quality Assurance in a factory, his income still proves to be insufficient. His old father is 70-years-old who requires medical treatment and to give him proper treatment, Sohail lacks money. The frustration kept on building within Sohail. But when Sohail saw Seed Out’s advertisement on a rickshaw, he saw this as a golden opportunity. He was delighted that Seed Out provides interest-free loans to its borrowers. Sohail has requested a loan of $288 to restart his fast-food business. Based on his previous experience, Sohail can easily run and manage a small fast food business which will generate a reasonable amount of income. His family problems will be decreased and they can live a hassle-free life.
It helps a person follow his entrepreneurial dreams and provide well for his family.
Contributing donors (1)
Country
$1,629

Average annual income

$0

Funds donated in Lahore

0

Projects fundraising in Lahore

0

Project raised in Lahore

Deserve for

Loan Length Months
Repayment schedule:
Monthly
Installment per month:
$ 11.52
Disbursed date:
Aug 07,2019