A loan of PKR 50,000 helped establish a rice distribution business.
Muhammad Nouman Maqsood is a young man trying very hard to become financially stable. He is married but as yet, has no children. Nouman and his wife both have done graduation and live in Lahore. Nouman used to work in a call center but unfortunately, he was laid off by the company due to the Corona Virus pandemic. This was very troublesome as Nouman had no other source of income. However, instead of losing hope, Nouman decided to waste no time and start exploring alternate avenues. He has now decided to open a rice distribution business as he has some prior experience related to this and is confident that he can manage it well. To start his business, Nouman needs a loan of PKR 50,000 from Seed Out. As he is already jobless, it is a relief that Nouman will not have to pay any interest on the loan amount. Please help Nouman establish a livelihood via your generous donation.
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 2000.00
Disbursed date:
Jan 07,2021