Muhammad Nasir is a hard-working father of five who supports his family by running a small business. For the past 30 years, Nasir ran a hosiery stall and earned a limited amount. However, as his kids grew old and his household expenses increased, Nasir’s income proved insufficient. He couldn’t invest and grow his business as his income was channeled towards household expenses. Unfortunately, Nasir’s eldest son, Ameer Hamza, had to quit education in order to support his father. He started working at a young age and now works as a salesman at a mall to contribute to the household income.
Moreover, Nasir’s two elder daughters started providing beauty parlor services for the females in the neighborhood. They supported their father in managing household expenses. Nasir is unhappy with the fact that his children had to leave their studies to support the household. Nasir reached Seed Out for financial assistance and requested a loan of PKR 70,000 to expand his business of hosiery.
With the loan, Nasir intends to add more variety and also add a stock of ready-made clothes. He is determined to increase his revenues and support the household so that the financial burden on his children is relaxed.