A loan of PKR 70,000 helped expand a decoration piece business.

40-year-old Seyad Asad Shah from Gujranwala studied till middle school, and soon after he started earning in order to contribute to his household expenses. For 8 years, he worked at a property dealer's and later he switched to driving an auto-rickshaw to make a living. It has been 12 years since Asad Shah has been driving a rickshaw. But something deep inside him always urged him to do something creative. He had an artistic flair within him. This passion, combined with a need to earn more income to meet family needs, prompted him to start his own creative business. Asad Shah makes beautiful hand-made decoration items that light up with electricity. He loves his work and wants to expand it but unfortunately, he does not have the means to do so. Asad is driving a rickshaw for long hours to make enough money to invest into the business, but there is a limit to what he can earn and he needs Seed Out's help. He has requested a loan of PKR 70,000 to buy the necessary equipment and raw material for his business. With his better income, he hopes to be able to take better care of his two daughters, Rida and Kiran, who both attend school. Your donation will help this father to provide well for his family. 

Country
PKR 452,500

Average annual income

PKR 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:
PKR 3000.00
Disbursed date:
Feb 24,2020