A loan of PKR 80,000 helped expand a mobile accessories shop.
Munawar Anwar from Lahore is a 36-year-old father of three who is working very hard for his family’s financial survival. His mother lives with him and he takes care of her physically and pays for all her medical expenses. Life for Munawar is tough; he lives in a rented house and the monthly rent consumes the majority of his earning. Back in 2012, Munawar Anwar started a small mobile accessories shop with the support of his friends and was doing well. However, as his family expenses grew, he was unable to reinvest in the business. His mobile shop has only Rs. 20,000 worth of stock left, which is close to nothing. He has to turn away his customers and thus his sales are very low. He fears that it will have to be shut down soon if he does not buy more stock. He has reached out to Seed Out for help and has requested a loan of PKR 80,000 to buy stock for his mobile shop. Munawar is absolutely positive that this will considerably increase his sales, perhaps as much as Rs. 10,000 per day. His profit will increase and this will be a great relief as it will become much easier for Munawar to fulfill the needs of his wife, children and old mother. Let’s support this deserving man who is working alone to support his family.
It helps a deserving person to take care of his wife, children and old mother.
Contributing donors (1)
Country
PKR 452,500

Average annual income

PKR 0

Funds donated in Lahore

0

Projects fundraising in Lahore

0

Project raised in Lahore

Deserve for

Loan Length Months
Repayment schedule:
Monthly
Installment per month:
PKR 3500.00
Disbursed date:
Jan 11,2020