A loan of PKR 60,000 helped to expand a Vegetable Cart Business.
Muhammad Nasir from Faisalabad is a hardworking individual. He spent all his life striving hard for the better living conditions.  By age he is 35 and is a married man, his dependents include two sons and two daughters. For twelve years he is selling vegetables by using self-driven cart. With the passing of all these years he realized that in order to upscale his business and to enhance his income he has to switch from self-driven cart to the mechanically driven one. It would not only be time saving for him but would also allow him to cover more areas with less effort. Ever rising needs of the family are constantly prompting him to take this step. But being from the poor strata, he is unable to afford mechanically driven cart by himself. He is already available with the cart and wants to buy a new motorbike. Attaching the old cart with the new motorbike will help him enhance his business. Nasir very eagerly has applied for Seed Out’s interest free loan. Help him having the much needed money, in order to help him turning his dream into reality.
Country
PKR 271,500

Average annual income

PKR 11,048,500

Funds donated in Faisalabad

0

Projects fundraising in Faisalabad

160

Project raised in Faisalabad

Deserve for

Loan Length 0Months
Repayment schedule:
Monthly
Installment per month:
PKR 2500.00
Disbursed date:
Oct 01,2021