A loan of $270 helped to expand the business of manufacturing chips.
Muhammad Azam is a young hardworking micro-entrepreneur running his small business, earning just enough to meet his family’s demands. Second in line among five brothers, much of the responsibility falls on his shoulders. He not only has to take care of his younger brothers but his wife and two kids. Azam works tirelessly for his business of local crisps. He manufactures local crisps, packs them and sells them in bulk to retailers. He runs his business on a tiny scale and does not have funds to grow it further. Azam is running this business with his younger brother, Kashif and the profits are divided between the two. The difficulty arises when Azam is left with nothing at the end of the month. Azam’s elder daughter attends a private school. Seed Out is pleased to help micro-entrepreneurs like Azam who possess a unique idea and have a passion for growing it. Azam has requested a loan of $270 to expand his business by purchasing materials to produce his crisps. His crisps are in demand in the market, and he can easily sell them to local retailers. Once his stock and inventory expand he will produce more and eventually, his revenue and profits will increase. He will be able to provide well for his family and save for his children’s future.
Contributing donors (1)
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:
$ 11.52
Disbursed date:
Nov 01,2019