A loan of PKR 70,000 helped expand a cosmetics business.
Muhammad Siddique from Faisalabad is a true entrepreneur. He has been running a cosmetics shop from the last 20 years. He works hard to give a decent and comfortable life to his 4 children.  All his children of school-going age are attending a private school. The expenses of a large family are over-mounting and Muhammad Siddique’s income is not adequate to meet these. He believes he has the capacity to work even harder and thus Siddique has approached Seed Out for a loan of PKR 70,000 to expand his cosmetics business. He will buy more stock which will enable him to increase his production. His sales will increase and he will be able to earn a higher income. Since Muhammad Siddique is determined to work as hard as he can, we must all support him so his hard work pays off and his children get a decent life. 
Country
PKR 290,893

Average annual income

PKR 13,418,500

Funds donated in Faisalabad

0

Projects fundraising in Faisalabad

188

Project raised in Faisalabad

Deserve for

Loan Length 0Months
Repayment schedule:
Monthly
Installment per month:
PKR 3000.00
Disbursed date:
Mar 05,2021