Auto Rickshaw

Support a featured beneficiary with a microloan.

Nawab Zada - Business established
$569.45 repaid of $569.45 total
100%
Verified 0% Interest Success Story
1 contributors funded this loan

Nawab Zada's story

Nawaz Zada is a 32 years old married man. He lives with wife, two sons and a daughter in a very small house comprising of just one room in an over populated area in Lahore. Currently two children attend school. A Mechanic by profession, he also knows how to drive a rickshaw and uses this skill to make some extra money. Besides being a housewife his wife also stitches clothes for the neighborhood ladies. Each month his never ending expenses makes it difficult for him to get through the month. Buying a new rickshaw is therefore out of his capacity and no collateral for getting a loan from conventional banks. In this scenario has reached to Seedout to get an interest free loan to buy a rickshaw and repay the loan in easy installments.
Nawab Zada photo 1
Nawab Zada photo 2
Nawab Zada photo 3

Application Submitted

Application is submitted by applicant

Fully Funded

Loan is fully funded by donors

Disbursement Ceremony

Date22 Feb 2017 Disbursement # 25
Seed Out 25th disbursement ceremony

Business Established

Business established
Business established
Getting business shield
Getting business shield

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