Chips Manufacturing Business

Support a featured beneficiary with a microloan.

Muhammad Azam - Business established
$193.55 repaid of $262.50 total
74%
Verified 0% Interest Success Story

Muhammad Azam's story

Muhammad Azam is a young hardworking micro-entrepreneur running his small business, earning just enough to meet his family’s demands. Second in line among five brothers, much of the responsibility falls on his shoulders. He not only has to take care of his younger brothers but his wife and two kids. Azam works tirelessly for his business of local crisps. He manufactures local crisps, packs them and sells them in bulk to retailers. He runs his business on a tiny scale and does not have funds to grow it further. Azam is running this business with his younger brother, Kashif and the profits are divided between the two. The difficulty arises when Azam is left with nothing at the end of the month. Azam’s elder daughter attends a private school. Seed Out is pleased to help micro-entrepreneurs like Azam who possess a unique idea and have a passion for growing it. Azam has requested a loan of $263 to expand his business by purchasing materials to produce his crisps. His crisps are in demand in the market, and he can easily sell them to local retailers. Once his stock and inventory expand he will produce more and eventually, his revenue and profits will increase. He will be able to provide well for his family and save for his children’s future.

Application Submitted

Application is submitted by applicant

Fully Funded

Loan is fully funded by donors

Disbursement Ceremony

Date01 Nov 2019 Disbursement # 78
Seed Out 78th disbursement ceremony

Business Established

Business established
Business established
Getting business shield
Getting business shield

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