A loan of PKR 70,000 helped expand a garments business.
Muhamamd Riaz, for the past 20 years, has been doing a garments business. It is a small set up, as Riaz cannot afford to pay the rent in a commercial area. he does this business from home, he uses his corridor as a space for displaying the clothes that he sells. Riaz is a very consistent worker; no matter what the business challenges are, he remains firm and tries to overcome them with the best of his abilities. As of now, Riaz is out of money to buy seasonal stock. As the summer months are coming, he needs to buy clothes for summer but he cannot do it unless he takes a loan, and that is why he has approached Seed Out. If we help him during this crucial time, he will be able to avoid a possible financial crunch. He has a wife and 2 children to look after, whom he loves very much. He will be able to take good care of them once his business improves. Please help Muhammad Riaz during this difficult time.
PKR 271,500
Average annual income
PKR 32,985,370
Funds donated in Lahore
0
Projects fundraising in Lahore
331
Project raised in Lahore
Deserve for
Loan Length
0Months
Repayment schedule:
Monthly
Installment per month:
PKR 3000.00
Disbursed date:
Nov 06,2020