Loader Rickshaw

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Rashid Abbas - Business established
$910.00 repaid of $910.00 total
100%
Verified 0% Interest Success Story

Rashid Abbas's story

Rashid Abbas, a hardworking and a deserving borrower from Bahawalnagar, is involved in the transportation business. In extreme heat, Rashid transports goods and material on a donkey cart. The scorching heat not only affects Rashid but leaves his donkey exhausted and tired. To put an end to animal cruelty, Rashid wants to shift to a better and handy form of transportation. Rashid has worked with a donkey cart for the past four years but he has no savings left. With Seed Out’s financial help, he will buy an loader-rickshaw. Rashid is convinced that the loader rickshaw is a better option since it will free his donkey from the daily suffering. Rashid has requested a loan of $910 to buy a loader rickshaw. Once he gets the rickshaw, he will retire his aging donkey and take good care of it. With the loader rickshaw, his time will be saved. He will earn better by making more deliveries every day. His maintenance cost will be zero in the beginning as he will be buying a brand new rickshaw. He will be able to manage his household expenses well.

Application Submitted

Application is submitted by applicant

Fully Funded

Loan is fully funded by donors

Disbursement Ceremony

Date15 Jan 2020 Disbursement # 87
Seed Out 87th disbursement ceremony

Business Established

Business established
Business established
Getting business shield
Getting business shield

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