A loan of PKR 90,000 helped Raja to increase spice inventory for sale.
Raja Zia ul Hassan is a 56-year-old diligent man who works tirelessly so that his family does not face the burden of poverty. Zia has worked as a salesman his entire life, first as a gold salesman and then as a spice salesman. Due to increased expenses in his life, his income proved insufficient most of the time. Currently, Zia sells packaged spices/masalas to multiple shops which produces little income. Some time ago, Zia's wife, Nighat, was diagnosed with Hepatitis C which deteriorated her health. Much of Zia's savings were spent on Nighat's treatment which made their financial situation extremely tight. Now Nighat is recovering but her medical expenses are still too much. Also, Zia has to manage her old mother's medical bills along with managing his son's school fees. He wants to provide better life to his family but with his current income, it seems impossible. Zia reached Seed Out for help. He has requested a micro-loan of PKR 90,000 to expand his spices business by purchasing more stock and packets. He will be able to increase his sales which will lead to better income. His family will benefit and his problems of managing the expenses will be resolved.
It helps a person manage his household expenses and provide his family with a decent livelihood.
Country
PKR 271,500

Average annual income

PKR 45,485,100

Funds donated in Gujranwala

0

Projects fundraising in Gujranwala

612

Project raised in Gujranwala

Deserve for

Loan Length 0Months
Repayment schedule:
Monthly
Installment per month:
PKR 4000.00
Disbursed date:
Aug 07,2019