A loan of PKR 70,000 helps to expand a cotton business.

 

41-year-old Muhammad Ramzan from Gujranwala works from morning till night in order to put food on the table and get a good education for his 5 children, all of whom attend school. Muhammad Ramzan works 2 jobs; in the morning, he works as a delivery person for Leopards Courier and in the evening, he works as a cotton salesman. He sells cotton to different buyers in Gujranwala and for his hard work he gets to earn around Rs. 10,000 per month from his business. Unfortunately, Ramzan is almost out of stock for his business and is is in dire need of a financial injection to grow his business. 

To add more stock to his business, Ramzan has requested a loan of PKR 70,000 from Seed Out. This will give a boost of Rs. 10,000 to 12,000 to his business income. We realise that an income of Rs. 16,000, which he earns as a delivery man, is simply insufficinet to manage a family of 7. For this reason, we are eager to help Muhammad Ramzan so he can grow his business; he deserves reward for his hard work. We need your help in supporting Muhammad Ramzan. 

 

 

Contributing donors (1)
Country
PKR 452,500

Average annual income

PKR 0

Funds donated in Gujranwala

0

Projects fundraising in Gujranwala

0

Project raised in Gujranwala

Deserve for

Loan Length Months
Repayment schedule:
Monthly
Installment per month:
PKR 3000.00
Disbursed date:
Jan 26,2020