A loan of $540 helps to provide investment to an individual for a business expansion.
Mazhar Iqbal need a loan of $540 A loan of $540 helps to provide investment to an individual for a business expansion.
They say that these days there is a lot of poverty in the world, and that’s a scandal when we have so many riches and resources to give to everyone. It's just that we all have to think about how we can become a little poorer. Mr Mazhar is a 31 years old man who has been in the clothing business for about 23 years now. He first worked as a factory worker and later shifted on to owning a clothing stall. He has 5 children to feed and educate. All this man wishes from life is to be able to feed his children well and to educate them to the best of his capabilities. He works blood and sweat in order to make ends meet. Unfortunately, the rising inflation now makes it impossible for him to survive with the existing income. He hence needs your financial aid in order to expand his business. Your donation may only be a time's meal for you but for this family, it will prove to be a revolution. Donate now!
#Faisalabad #Children's clothing shop #Male
$540 funded raised of $540 goal
$6 Recent donation
$2 Recent donation
$4 Recent donation
$2 Recent donation
$5 Recent donation
$3 Recent donation
| Average cost to borrower | PKR 2,500 |
| Profitability (return on assets) | 15% |
| Delinquency rate | 2.5% |
| Loans at risk rate | 1.8% |
| Default rate | 0.5% |
| Currency exchange loss rate | 0.3% |
| Lending Partner risk rating |
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They say that these days there is a lot of poverty in the world, and that’s a scandal when we have so many riches and resources to give to everyone. It's just that we all have to think about how we can become a little poorer. Mr Mazhar is a 31 years old man who has been in the clothing business for about 23 years now. He first worked as a factory worker and later shifted on to owning a clothing stall. He has 5 children to feed and educate. All this man wishes from life is to be able to feed his children well and to educate them to the best of his capabilities. He works blood and sweat in order to make ends meet. Unfortunately, the rising inflation now makes it impossible for him to survive with the existing income. He hence needs your financial aid in order to expand his business. Your donation may only be a time's meal for you but for this family, it will prove to be a revolution. Donate now!
#Faisalabad #Children's clothing shop #Male
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Each fundraiser is reviewed by our team to ensure they are legitimate.
Each fundraiser is reviewed by our team to ensure they are legitimate.
| # | Expected Date | Expected Amount | Amount Received | Received Date | Recovery Status |
|---|---|---|---|---|---|
| 1 | Jul 1st, 2023 | $27.00 | $27.00 | Jul 7th, 2023 | Repaid |
| 2 | Aug 1st, 2023 | $27.00 | $27.00 | Aug 16th, 2023 | Repaid |
| 3 | Sep 1st, 2023 | $27.00 | $0.00 | Pending | |
| 4 | Oct 1st, 2023 | $27.00 | $0.00 | Pending | |
| 5 | Nov 1st, 2023 | $27.00 | $0.00 | Pending | |
| 6 | Dec 1st, 2023 | $27.00 | $0.00 | Pending | |
| 7 | Jan 1st, 2024 | $27.00 | $0.00 | Pending | |
| 8 | Feb 1st, 2024 | $27.00 | $0.00 | Pending | |
| 9 | Mar 1st, 2024 | $27.00 | $0.00 | Pending | |
| 10 | Apr 1st, 2024 | $27.00 | $0.00 | Pending | |
| 11 | May 1st, 2024 | $27.00 | $0.00 | Pending | |
| 12 | Jun 1st, 2024 | $27.00 | $0.00 | Pending | |
| 13 | Jul 1st, 2024 | $27.00 | $0.00 | Pending | |
| 14 | Aug 1st, 2024 | $27.00 | $0.00 | Pending | |
| 15 | Sep 1st, 2024 | $27.00 | $0.00 | Pending | |
| 16 | Oct 1st, 2024 | $27.00 | $0.00 | Pending | |
| 17 | Nov 1st, 2024 | $27.00 | $0.00 | Pending | |
| 18 | Dec 1st, 2024 | $27.00 | $0.00 | Pending | |
| 19 | Jan 1st, 2025 | $27.00 | $0.00 | Pending | |
| 20 | Feb 1st, 2025 | $27.00 | $0.00 | Pending |
Seed Out is a not for profit crowd funding platform which is working to end poverty by
establishing micro-entrepreneurs through interest-free Micro Financing.
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