A loan of PKR 70,000 helped to expand a grocery store.
Grey-haired, Ghulam Mustafa is a 58 years old man. He spent all his life in a small town of Bahawalnagar. Since he is the sole bread earner of a big family, comprising: his wife and seven of his children (three daughters & four sons), he has to take care of all the needs of his family members. He spent 32 golden years of his life while working in an electric shop but due to the fact that  now when he was getting older and working in an electric shop went beyond his threshold so he decided to drop that job off  and to switch to grocery selling business of his own. Three years back he got succeeded in transforming his idea into reality. Though he is running the said business and put his sincere efforts to it, his business is not yielding well. While critically pondering upon the sad face of his business,  which is running at snail’s pace he deduced the reason as the low initial investment. His inventory doesn’t offer his customers, some very basic items. Realizing this he decided to seek some investment in order to give boost to his business. Without delaying any further, he has applied for Seed Out’s interest free loan. Despite his old age, Ghulam Mustafa readily wants to keep on striving for the best possible. Help this old man by age, not by spirit, to upscale his business. Donate graciously!    
Country
PKR 271,500

Average annual income

PKR 26,860,000

Funds donated in Bahawalnagar

0

Projects fundraising in Bahawalnagar

371

Project raised in Bahawalnagar

Deserve for

Loan Length 0Months
Repayment schedule:
Monthly
Installment per month:
PKR 3000.00
Disbursed date:
Oct 16,2021