A loan of PKR 100,000 helped to expand a business of repairing sewing machines.
Zafar Iqbal is 49-year-old married man, living in a slum of Gujranwala. He has two wives and 7 children, 2 of whom need to be put in schools.  The family is suffering in poverty as Zafar’s income is not even enough to deal with the basic household expenses. He can’t even afford education for his children. Currently, he is running a small sewing machine repairing shop. The total income is certainly not enough for a family of 10 people. Zafar Iqbal requires ₨100,000 to expand his sewing machine store. He wants to use this amount for the purchase of raw materials and instruments required for repairing. He is a skilled man; all he requires is an investment for a thriving business. You can help Zafar and his family by donating a small amount through Seed Out.
Country
PKR 290,893

Average annual income

PKR 53,595,100

Funds donated in Gujranwala

0

Projects fundraising in Gujranwala

713

Project raised in Gujranwala

Deserve for

Loan Length 29Months
Repayment schedule:
Monthly
Installment per month:
PKR 3500.00
Disbursed date:
Jul 02,2016