A loan of $216 helped to expand a tailor shop.
Riaz Masih from Gujranwala is a 37-year-old man who has all his past life worked as a tailor. While he was unmarried, his income proved to be enough however, now that he is married and is a father of two adorable daughters, his responsibilities and household expenses have multiplied. Often times, Riaz is unable to afford even the basic necessities for his daughters due to lack of income. Riaz is also worried about sending his daughters to school because if his current financial situation persists, he will not be able to afford his girls' education. He believes once his tailoring business is expanded by adding more number of sewing machines along with threads, needles, buttons, he will be able to earn adequate income to support his family. Riaz reached Seed Out's Gujranwala Office for help. He has requested a micro-loan of $216 from Seed Out's crowd funding platform in order to expand his tailor shop. This way, he will be able to stitch more number of clothes in less amount of time. His income will increase which will be enough to afford his daughters' needs and he will be able to save for their education.
It helps a person manage the household expenses easily.
Country
$1,629

Average annual income

$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:
$ 9.00
Disbursed date:
Jul 05,2019