A loan of $432 helped to expand the melamine crockery business.
Shahbaz Masih is amongst our educated borrowers who are doing their businesses in a well-managed way. Shahbaz from Gujranwala runs a business of melamine crockery sets. He buys melamine sets from factories at low prices and then further sells it to multiple shops after keeping his profit margin. Initially, when Shahbaz had small investment to sustain his business, he sought Seed Out’s help. Seed Out helped him expand his business, and he completed his installments in a friendly manner. Now Shahbaz’s children are growing old and his household expenses have increased. Shahbaz’s wife is also contributing to the household income by doing a job in a bank. Both husband and wife earn to sustain the household and provide their three children the best of life. Shahbaz is willing to expand his business and wants to move from his current business to manufacturing melamine sets. He has sought Seed Out’s help again and requested a loan of $432 to buy a melamine press machine. Shahbaz plans to start making melamine crockery sets and sell them in the market. This way, the costs of purchasing the sets will considerably decreas, thus increasing profits. He will be able to give a better living to his children and make their futures bright.
It helps a person grow his business and provide a better living to his family.
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:
$ 18.00
Disbursed date:
Nov 01,2019