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A loan of PKR 80,000 helped to expand a business of beauty boxes.
Muhammad Rizwan Bhatti is an ambitious entrepreneur from Gujranwala who is currently running his business of fancy boxes. He buys raw material such as plain boxes and then decorates them with fabric, buttons and laces. When the boxes are complete, he packs them and sells them to different shops. In this business, Rizwan has hired two employees for decorating and packing the boxes. Completing a single box requires creativity and a great deal of time. Despite his hard work, the profit generated from each box remains low. Therefore, the total income he earns at the end of each month is just enough to cover his basic household needs. His wife, Sania, also supports him in making the boxes. Rizwan wants to expand his business to earn more income. He has sought Seed Out’s help and wants a loan. He has requested a loan of PKR 80,000 to expand his fancy boxes sale. He plans to buy more raw material and design a greater variety of beauty boxes. He also plans to purchase ready-made beauty boxes at low prices and further sell it to the market. This would save him time and increase his overall income. He will provide his wife with a better living.
It helps a person grow his business and become a successful entrepreneur.
Country
PKR 365,165

Average annual income

PKR 63,465,100

Funds donated in Gujranwala

0

Projects fundraising in Gujranwala

819

Project raised in Gujranwala

Deserve for

Loan Length 0Months
Repayment schedule:
Monthly
Installment per month:
PKR 3500.00
Disbursed date:
Jan 26,2020
Repayment schedule