A loan of PKR 70,000 helped expand a garment retail business.
Sheikh Iftikhar Ahmad is the sole bread earner for his family. He has 3 daughters and a son, all of whom attend school. Living in a rented house, it is very difficult for Sheikh Iftikhar to manage the expenses and his children's needs. He started working at a very young age with his father in a general store. After the death of his father, he started his own garment retail business 12 years ago. He sets up his stall in different areas of Lahore in order to sell his garments. However, he has stock only worth Rs. 50,000 which is highly affecting his sales. He lacks the variety to attract more customers. Moreover, as the winter season is approaching, he needs to upgrade his stock to winter clothes but has no money to do so, and thus he has approached Seed Out for a loan of PKR 70,000. With a greater variety, his sales are sure to increase. He is earnestly looking forward to your help Please donate to Sheikh Iftikhar to enable him to increase his income and look after his wife and children.
PKR 365,165
Average annual income
PKR 41,933,370
Funds donated in Lahore
0
Projects fundraising in Lahore
421
Project raised in Lahore
Deserve for
Loan Length
0Months
Repayment schedule:
Monthly
Installment per month:
PKR 3000.00
Disbursed date:
Jan 07,2021