Electric Shop

Support a featured beneficiary with a microloan.

Adeel Asghar  - Business established
$210.00 repaid of $210.00 total
100%
Verified 0% Interest Success Story

Adeel Asghar 's story

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.

Application Submitted

Application is submitted by applicant

Fully Funded

Loan is fully funded by donors

Disbursement Ceremony

Date12 Jan 2018 Disbursement # 31
Seed Out 31st disbursement ceremony

Business Established

Business established
Business established
Getting business shield
Getting business shield

Thank you

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