A loan of $216 helped to expand an electric shop.
Adeel Asghar and his wife are devoted parents of two daughters and a son and live in the slums of Lahore. Asghar is also responsible to look after his parents who also live with him.  Asghar along with wife work to earn a living. Not having enough resources made him quit studies and instead he took some electrical goods repair training. He is an electrician and runs an electric shop whereas his wife is provides tuition to the neighborhood students. Together they run their household. Asghar's business is on very small scale and his income fluctuating, there are months when he has demand for certain electrical goods but he has no stock neither money to purchase them. So, with little extra income to invest, he can not afford enough items to provide better services and grow his business. A few days ago a friend told him about Seedout's loans to support small businesses, Asghar decided to give it a try. He plans to buy more products for his shop and increase his sales. Your generous support can make his business flourish and take him out of the vicious cycle of poverty.
Contributing donors (1)
Country
$1,629

Average annual income

$0

Funds donated in Lahore

0

Projects fundraising in Lahore

0

Project raised in Lahore

Deserve for

Loan Length Months
Repayment schedule:
Monthly
Installment per month:
$ 9.00
Disbursed date:
Dec 17,2017