A loan of PKR 20,000 helped to expand a crockery business.
Intizar Ali, the father of a toddler, and the sole bread winner for his family; is not only responsible for his own family but also supports his sick mother and struggles to fulfill the needs of his family. He lives in a small one bedroom house, in a low income area in Gujrawala. He currently runs a crockery business, which involves taking utensils on credit and selling those from door to door, in the scorching heat and city dust. Paying a commission to the creditor for every item sold and only being able to deal with suppliers who are ready to provide credit not only substantially lowers h'''is profitability, but also hinders his growth prospects. Intizar Ali needs PKR 20,000 a month from Seed Out, to buy the utensils that he sells and avoid paying the commission and provide a greater variety to his customers; which is likely to increase his income, so he can fulfill his dream of educating his child and improve the standard of living for his family.
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 1500.00
Disbursed date:
Jul 16,2015