Furniture Business

Support a featured beneficiary with a microloan.

Muhammad Arshad - Business established
$245.00 repaid of $245.00 total
100%
Verified 0% Interest Success Story

Muhammad Arshad's story

Muhammad Arshad is a 45-year-old man who is suffering from extreme poverty. Being a father of two beautiful daughters, he does not want them to ever suffer because of their impoverished life. Although, Arshad is a hard working man but due to less investment available he is unable to grow his business. Arshad makes 4 to 5 furniture sets per month and sells them on the roadside. This produces only a limited profit which hardly covers his business and household expenses. Both of his girls attend school and Arshad tries his best to manage all their needs. Unfortunately, at the end of each month, Arshad is left with no money which makes their lives very difficult. After suffering for very long, Arshad sought help from Seed Out. He has requested a micro-loan of $245 from our crowd funding platform to expand his furniture business. With this loan, he will buy sets of raw furniture in various designs in order to target wider customer range. Number of furniture sets to sell will increase, his profits will go up leading to an improved income. He will be able to cover his business costs and household expenses with ease.

Application Submitted

Application is submitted by applicant

Fully Funded

Loan is fully funded by donors

Disbursement Ceremony

Date07 Sep 2019 Disbursement # 69
Seed Out 69th disbursement ceremony

Business Established

Business established
Business established
Getting business shield
Getting business shield

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