A loan of $216 helped to expand a clothing business.
Muhammad Falak Sheer is a thirty-eight year old married man who lives in Bahawalnagar, Pakistan. His family includes his wife and five children, two sons and three daughters. His children are school going and studying in government schools. He lives in a rented house with his family and the conditions of the area are very poor. He sells clothes in a stall outside someone else’s shop for which he has to pay five thousand rupee rent per month to the owner. The income earned through this business is inadequate to meet his family needs as the cost of the expenses are higher than his earning. This is causing immense difficulties as he will soon be under debt to cover the daily necessities. In order to escape from these dire consequences, Falak wants to expand his business by adding more clothes variety for selling. By increasing the variety in the shop, the number of customers will increase and he will be able to compete with other clothing shops nearby. He is optimistic that he will obtain the goals he has set for himself for the business as he has four years’ experience in it. He has asked Seed Out to help him in this difficult time. We can help Falak by donating through the system of crowdfunding to create an environment for successful social entrepreneurs.
Country
$1,629

Average annual income

$0

Funds donated in Bahawalnagar

0

Projects fundraising in Bahawalnagar

0

Project raised in Bahawalnagar

Deserve for

Loan Length Months
Repayment schedule:
Monthly
Installment per month:
$ 9.00
Disbursed date:
Jun 01,2019