A loan of PKR 150,000 helped to expand a grocery store.
Faisalabad’s resident, Rafaqat Masih, by age is 55. He is a married man. He belongs to a much compromised socioeconomic background. He spent many years of his life while working. For 10 whole years he worked in a corporation, whereas 6 months back he started his own grocery store by spending whatever minimal savings he had. By utilizing his savings, though he was able to start the grocery store but wasn’t able to manage some of the very essential grocery items, due to the lack of the initial investment. That not only is hindering his progress but also generates inadequate income. However, Rafaqat is not ready to surrender before the fate, rather he wants to expand his business. And in order to do so, he needs to invest certain amount into his business. For the said purpose he has applied for Seed Out’s interest free loan. Help him availing the needed loan by donating generously.
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 7000.00
Disbursed date:
Oct 01,2021