A loan of PKR 50,000 helped to expand a business of mobile accessories and juice corner.
Muhammad Quyoom Sultan, a 24-year-old talented young man strives each day to make ends meet. Quyoom, a needy micro entrepreneur, wants to earn enough income to escape his stressful financial situation. Since he recently got married and is now expecting a child, his responsibilities have increased significantly. Based on his interest in designing, few years ago, he opened his own interior design shop which he had to shut down eventually as he could not meet its expenses. Currently, he runs a small shop of mobile accessories and juices in his local area, keeping the expenses minimal, but the income remains limited. Struggling through these years, Quyoom wants to earn a sustainable income where he can provide his family with basic necessities and better livelihood in an expensive city of Lahore. Muhammad Quyoom has requested a loan from Seed Out of PKR 50,000. Seed Out's crowd funding platform will allow our donors to raise PKR 50,000 for Quyoom so that his business of mobile accessories and juices can be expanded. This donation will increase the sales and revenue of the shop. With increased income, Quyoom will not face difficulty meeting the expenses of his household and will be able to provide easily for his wife and baby's needs.
It helps a young man to provide basic necessities to his family.
Contributing donors (1)
Country
PKR 452,500

Average annual income

PKR 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:
PKR 2000.00
Disbursed date:
May 29,2019