A loan of PKR 120,000 helped expand a garments retail business.
Waqas Ahmad works very hard to meet the needs of his wife and 4 children. He has 2 daughters and 2 sons. His youngest son was born only 4 months ago. He feels very blessed to be the father of 4 but unfortunately, he feels he is not able to fulfill his children's needs and that breaks his heart. For the past 20 years, Waqas has been selling ladies' garments at different markets of Lahore. The entire day, he remains outside in the hope of attracting a decent number of customers. His business was doing just fine to meet the needs of his family but unfortunately, due to COVID 19, it has been badly affected. Waqas was unable to do any sales during this period and could not invest in his business. Now, he has stock left only worth Rs. 50,000. He is quite worried because if he does not increase his stock, his income will remain extremely low. Thus, he has approached Seed Out for a loan of PKR 120,000. This will help him to buy winter clothes for the upcoming season. Please donate to Waqas Ahmad as his financial survival depends on your donation. A pandemic that has thrown many people into poverty, let's do our best to stop this family from plunging into poverty. 
Country
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 6000.00
Disbursed date:
Jan 23,2021