A loan of PKR 60,000 helped to renovate and expand his oil shop for more profits.
Muhammad Naveed lives in a joint family set up in Gujranwala. Being the elder brother, all the responsibility of the family fell on his shoulders after his father's demise. Naveed has to drop off school to earn for his family. His family consists of his ageing mother, three brothers, his wife and two sons. In all these years he has witnessed numerous challenges but has never bowed his head rather with hard work and determination he has come a long way.  After trying his luck as a painter and in ceramics business for many years he started a Oil shop that he found more profitable. Two of his brothers work as laborers to supplement the family income.  Looking for ways and means to have improved earnings Naveed was introduced to Seedout by an existing member. Seedout is thus facilitating him to set up a thriving business and to put up a permanent source of income. Also it will inculcated a saving culture so that he is able to plan and enroll his children in schools where the quality of education is high.
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