A loan of $180 helped restart a yarn knitting business.

Maqbool Ahmad is 55-years-old. He belongs to the community of yarn knitters in Faisalabad and has been engaged in yarn knitting and spinning for the past 40 years. Maqbool and his wife both are illiterate. They have 6 children; 5 sons and 1 daughter, who are all grown up. Maqbool also has 2 grandsons. His sons work with him in the trade of yarn knitting whereas one son works at a mill. The family earns around Rs. 25000 from their business. One can imagine how difficult it is to sustain so many people in this income. Further, the business got badly affected due to the lockdown as demand for yarn greatly went down. Maqbool ran out of whatever little stock he had and currently has no stock. To restart his work, he has approached Seed Out for a loan of $180 from which he will buy the essential raw material. Your help is crucial at this time as it saves a family from complete financial collapse. They are eagerly looking forward to standing on their feet once again and require assistance from donors. Please donate generously and prevent a family from falling further into extreme and abject poverty. 

Country
$1,629

Average annual income

$0

Funds donated in Faisalabad

0

Projects fundraising in Faisalabad

0

Project raised in Faisalabad

Deserve for

Loan Length Months
Repayment schedule:
Monthly
Installment per month:
$ 9.00
Disbursed date:
Jan 08,2021