A loan of PKR 260,000 helped to shift to a loader rickshaw from a donkey cart.
Rashid Abbas, a hardworking and a deserving borrower from Bahawalnagar, is involved in the transportation business. In extreme heat, Rashid transports goods and material on a donkey cart. The scorching heat not only affects Rashid but leaves his donkey exhausted and tired. To put an end to animal cruelty, Rashid wants to shift to a better and handy form of transportation. Rashid has worked with a donkey cart for the past four years but he has no savings left. With Seed Out’s financial help, he will buy an loader-rickshaw. Rashid is convinced that the loader rickshaw is a better option since it will free his donkey from the daily suffering. Rashid has requested a loan of PKR 260,000 to buy a loader rickshaw. Once he gets the rickshaw, he will retire his aging donkey and take good care of it. With the loader rickshaw, his time will be saved. He will earn better by making more deliveries every day. His maintenance cost will be zero in the beginning as he will be buying a brand new rickshaw. He will be able to manage his household expenses well.
It helps a person move to a better transportation form and put an end to animal cruelty.
PKR 271,500

Average annual income

PKR 22,300,000

Funds donated in Bahawalnagar

0

Projects fundraising in Bahawalnagar

318

Project raised in Bahawalnagar

Deserve for

Loan Length 0Months
Repayment schedule:
Monthly
Installment per month:
PKR 6000.00
Disbursed date:
Jan 16,2020