Frequently Asked Questions
Donations to operating expenses are vital to the success and
sustainability of Seed Out. We do not take any interest from our
borrowers instead we primarily support our operations through direct
donations from our donors who choose to donate to Seed Out in
addition to their loans to the borrowers. By crowdfunding a large
majority of our operational cost through our donor community, we're
able to keep our fundraising costs low and be less reliant on
larger, one-off gifts to be sustainable.
Seed out does not provide hard cash to the beneficiaries, they set
up proper and permanent source of
income for the the beneficiary through donations. The recovered
installments by the beneficiaries are
collected in Seed Out's revolving fund and are completely (100%)
reinvested to raise more
entrepreneurs. Your PKR 100,000 for instance will not just raise a
single entrepreneur instead it will raise
3.5 entrepreneurs in 10 years because 100% of our loan recovery is
ploughed back into the funding
stream.
Yes, You can directly transfer your donations through bank with the
help of details listed below:
Bank: Allied Bank
Account Title: Seed Out
Account Number: 0010028779120016
Branch: Ladies Branch, 21 - Z - Block, DHA, Lahore Cantt.
Branch Code: 0175
IBAN: PK81ABPA0010028779120016
Swift Code: ABTATKKA0175
Bank: Allied Bank
Account Title: Seed Out
Account Number: 0010028779120016
Branch: Ladies Branch, 21 - Z - Block, DHA, Lahore Cantt.
Branch Code: 0175
IBAN: PK81ABPA0010028779120016
Swift Code: ABTATKKA0175