A loan of $252 helped expand a Bike Spare Parts Business.
Arif is a 39 year old man. He is running a business of bike spare parts for the last 20 years. He lives in a 3 marla house in Lahore on rent, while his spare parts workshop is also a rented place. Making it difficult for him to enhance his financial growth. Moreover, the electricity bills of the workshop considerably raise the cost of the business. Despite all the adversities he is a diligent man who works hard to provide for his family. It is due to this diligence that he's been able to save up some money to buy some real estate. He is saving up for his children, with a clear picture of their future in his mind. Arif is enlightened enough to realise the importance of education. Despite the limited resources, he is educating his kids. His daughter studies at a government school, while his son is yet to take admission. Owing to the increasing expenses of his children, Arif wants this loan to expand his trade. More stock means a greater clientele, more sales and resultantly a better future for his kids. He wants to develop his vocation to provide better living conditions for his children. We can help this entrepreneur by donating from the platform of crowdfunding.
This will help a hard working individual to achieve economic development for his family and his community.
Contributing donors (1)
Country
$1,629

Average annual income

$0

Funds donated in Lahore

0

Projects fundraising in Lahore

0

Project raised in Lahore

Deserve for

Loan Length Months
Repayment schedule:
Monthly
Installment per month:
$ 10.80
Disbursed date:
Mar 01,2019