A loan of PKR 75,000 helped to expand a birthday accessories shop.
Muhammad Husnain is an aspiring young entrepreneur. He was faced with multiple responsibilities from an early age as he had to run a household and also take care of his old parents. He runs a small business of birthday party items such as balloons, candles, party poppers, etc. His business has suffered due to the recent spike in inflation and he has very little stock left in his shop. Husnain is looking for opportunities to expand his business so he can support his parents. His father worked as a government employee and therefore receives a pension monthly. He gives half of the pension for the household expenses. Husnain was worried about how will he able to manage all the costs alone. This is when Husnain came across Seed Out and requested for a loan of PKR 75,000 to expand his shop. He wants to purchase a large stock of balloons, candles, decorations and games, etc. With the increase in variety, more customers will visit his shop and buy from him. His income will be enough to provide for household expenses and take care of his parents.
It helps grow a business and improve a person's income.
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 3200.00
Disbursed date:
Nov 19,2019