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A loan of PKR 80,000 helped expand a wiper manufacturing business.
46-year-old Imtiaz Ahmad lives in the urban locality of Gujranwala with his wife, son and two daughters. He was employed in a factory for 20 years but his income was never enough to meet his expenses. To take a step towards a better life, he made up his mind to start his own business. He came up with the idea of manufacturing wipers and now his business has been operational for 3 years. Unfortunately, since he had low savings when he started his business, he could not invest a sufficient amount in the business. At the moment, he has very less stock and due to a scarcity of resources, he is unable to complete the orders he receives. He believes that buying more stock will give a major boost to his business and hence his livelihood will improve. This is the reason he has approached Seed Out for a loan of PKR 80,000. Imtiaz really needs financial help to accomplish his purpose and your contribution will enable him to give a better life to his family.     
Country
PKR 452,500

Average annual income

PKR 63,705,100

Funds donated in Gujranwala

0

Projects fundraising in Gujranwala

822

Project raised in Gujranwala

Deserve for

Loan Length 0Months
Repayment schedule:
Monthly
Installment per month:
PKR 3500.00
Disbursed date:
Jul 17,2020
Repayment schedule