A loan of $216 helped to expand stock for sale to become a successful salesperson.
Ajmal Farooq is the sole bread earner in the family. His family consists of his wife, five children who are all under the age of ten and has ageing parents. His house is located in a slum area and their living conditions are unhygenic.Moreover, he can't afford to educate his children who are of school going age, making their future questionable. In this situation, having a good source of income is inevitable for the survival of his family.  His only source of income comes from his job as a salesperson. He charges commission on each transaction but that meagre amount does not suffice his needs. At the end of the day, he is hand to mouth and can hardly manage food for the family. He wants to start his own sales business but he needs to buy stock for that matter which needs capital. Unable to get any commercial loan that needs a collateral, he has pursued a Seedout loan that he will use to buy stock of items to sell to retailers.  He is in desperate need to uplift the social and economic condition of his family and most importantly arrange for money to get his children into school. Help him raise enough funds to have a sustainable living.
Contributing donors (1)
Country
$1,629

Average annual income

$0

Funds donated in Gujranwala

0

Projects fundraising in Gujranwala

0

Project raised in Gujranwala

Deserve for

Loan Length Months
Repayment schedule:
Monthly
Installment per month:
$ 10.80
Disbursed date:
Dec 07,2017