A loan of $216 helped expand a motorcycle spare parts business.

33-year-old Khalid Farooq from Bahawalnagar is a needy person and he has many dependents. From the earnings from his small business, he has to support his old parents, his wife, their 3 young children and his brother's wife. Khalid deals with spare parts of motorcycles and also works as a mechanic. He has been doing this for the past 12 years ad per month, he is only able to earn Rs. 8000- Rs. 9000. His father, although he is old, works as a laborer as he cannot afford to quit working. 

Khalid's earning is quite low, making the survival of his family very difficult. They are living in a very tight financial situation, unable to make their ends meet. Khalid needs to buy more spare pasrts for his shop so he can expand his business and earn more. Adding more spare parts will definitely earn him considerably more income and for a family living in such a dire financial situation, every penny holds immense value. For buying the spare parts, Khalid has requested a loan of $216 from Seed Out. 

If you want to help Khalid, please help fund his business. 

 

 

Country
$1,629

Average annual income

$0

Funds donated in Bahawalnagar

0

Projects fundraising in Bahawalnagar

0

Project raised in Bahawalnagar

Deserve for

Loan Length Months
Repayment schedule:
Monthly
Installment per month:
$ 9.00
Disbursed date:
Feb 21,2020