Canteen Shop

Support a featured borrower with a microloan.

Asghar Ali
$175.00 repaid of $175.00 total
100%
Verified 0% Interest Success Story

Asghar Ali's story

Asghar Ali is a needy person from Lahore who supports his family by running a canteen at a university. Being the sole breadwinner of the family, it becomes difficult for Asghar to manage the household expenses. The cafeteria is not generating enough income as the stock is almost exhausted. Asghar is hardly able to cover his household expenses. Asghar is a father of five children and three of them are school-going. As Asghar wants to provide his children with quality education, his children attend a private school. He manages their school-fee each month from the limited income he earns. Asghar is a budding entrepreneur and wants to expand his canteen. He knows the cafeteria has the potential to generate a considerable amount if the stock is increased. He has reached out to Seed Out for a loan of $175 so he can expand his business He intends to add stock of eatables such as burgers and shawarmas and cold drinks. He wants to bring in freshly baked items daily and sell it with a reasonable profit margin. He believes his income will substantially improve and and he will be able to fulfill his household expenses easily.

Application Submitted

Application is submitted by applicant

Fully Funded

Loan is fully funded by donors

Disbursement Ceremony

Date28 Oct 2019 Disbursement #76 Event page
Seed Out 76th disbursement ceremony

Business Established

Before After

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