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To increase production by purchasing more raw material for his molding machine business
Basit Ali need a loan of $210 To increase production by purchasing more raw material for his molding machine business
"Those who spend their wealth in Allah's way by night and by day, secretly and publicly — they will have their reward with their Lord." — Quran 2:274Basit Ali, 33 years old, started the molding plastic items a few years ago after his father had passed on to him the experience and passion for this profession. The income that he generates from the business allows him to finance his household expenses. However, Basit can hardly meet the demand of his growing customers on time because of his financial constraints that limits the purchase of required raw material. As a consequence he is often forced to ask customers to pay in advance before delivering the full order. This in turn reduces the number of potential clients. He is married and lives with his mother, wife and three sons in the slums of Gujranwala. His business is set up in the premises of his house. Through a loan from Seedout, Basit will be able to pre-finance his purchases to help him increase his sales. This way he will be able to purchase higher quantities of raw material at a lower price. Come forward to help grow his business and give him the confidence to think bigger.
"Those who spend their wealth in Allah's way by night and by day, secretly and publicly — they will have their reward with their Lord." — Quran 2:274Basit Ali, 33 years old, started the molding plastic items a few years ago after his father had passed on to him the experience and passion for this profession. The income that he generates from the business allows him to finance his household expenses. However, Basit can hardly meet the demand of his growing customers on time because of his financial constraints that limits the purchase of required raw material. As a consequence he is often forced to ask customers to pay in advance before delivering the full order. This in turn reduces the number of potential clients. He is married and lives with his mother, wife and three sons in the slums of Gujranwala. His business is set up in the premises of his house. Through a loan from Seedout, Basit will be able to pre-finance his purchases to help him increase his sales. This way he will be able to purchase higher quantities of raw material at a lower price. Come forward to help grow his business and give him the confidence to think bigger.
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