A loan of PKR 60,000 helped Rana to expand his stationery shop by purchasing more stationery items.
Rana Arshad Mehmood is a vigilent entrepreneur. His house is located in the slums of Gujranwala. He runs a small stationary store to earn a living. He is 49, married and father of 7 children. He was unable to educate his elder children due to his poor financial conditions, they are now grown up and earning for themselves. Only his four children are school going or attending Jamiya. Although his elder sons contibute in the household him, they are not able to save money.  Rana Arshad wants to expand his shop in order to have better earnings because he has to marry his children and he needs money for that. He has applied for a loan from Seedout to buy more stationary for his shop. Currently his shop contains only a few items and he believes adding more items will make his business more lucrative. His only wish is to see his children prosper and hopes they will excel in the skills and education his children are pursuing. 
Contributing donors (1)
Country
PKR 290,893

Average annual income

PKR 52,485,100

Funds donated in Gujranwala

0

Projects fundraising in Gujranwala

701

Project raised in Gujranwala

Deserve for

Loan Length 24Months
Repayment schedule:
Monthly
Installment per month:
PKR 2500.00
Disbursed date:
Dec 07,2017