A loan of PKR 95,000 helped buy a loader rickshaw and expand a scrap business.
Sabir Ali from Faisalabad is doing a scrap work business. This involves the transportation of goods in bulk. However, Sabir does not have a loader rickshaw for transportation purposes. Without a loader rickshaw, the transportation of goods is very time-consuming, expensive and tiresome. Sabir has 4 children. 3 of them are of school-going age and are enrolled in a private school. Sabir is a poor man; his expenses exceed his income and he is left with no money at the end of the month, meaning that savings are also nil. Sabir approached Seed Out and requested a loan of PKR 95,000 to buy a loader rickshaw. This is a necessity to run his business and will allow him to expand it as well, as he will be able to deal with a greater amount of scrap material. He is assured that this will bring much-needed betterment to his business and it will become easier for him to take care of his family.
It helps a micro-entrepreneur buy a much-needed loader rickshaw for his scrap business.
PKR 365,165

Average annual income

PKR 15,768,500

Funds donated in Faisalabad


Projects fundraising in Faisalabad


Project raised in Faisalabad

Deserve for

Loan Length 0Months
Repayment schedule:
Installment per month:
PKR 5000.00
Disbursed date:
Dec 27,2019