Tyre Shop

Support a featured beneficiary with a microloan.

Muhammad Faryad - Business established
$525.00 repaid of $525.00 total
100%
Verified 0% Interest Success Story

Muhammad Faryad's story

Muhammad Faryad saw extreme poverty as a child, and so did his wife. Both of them cannot read or write, but are doing their best to educate their 4 children; 3 daughters and a son. Faryad sends his two daughters to a private school and both of them are in nursery. His son is only 2 years old while the youngest daughter is a baby of 7 months. Faryad does not want his children to be facing the same challenges that he did because of his poverty and illiteracy. Faryad has been running a tyre shop for the last 27 years and this is his only source of livelihood. He earlier got a loan from Seed Out to expand his business and saw positive results post-expansion as his income increased. Encouraged by the improvement in his business and household, Faryad has again requested Seed Out for a loan of $525 from which he plans to buy an automatic puncher machine. Like in the past, he is positive it will lead to betterment in his business. We request you to donate to Muhammad Faryad as he is an honest man working hard to take care of his wife and children. A little help from us means everything to the family and will help Muhammad Faryad to escape the clutches of poverty. 

 

Application Submitted

Application is submitted by applicant

Fully Funded

Loan is fully funded by donors

Disbursement Ceremony

Date29 Jan 2021 Disbursement # 114
Seed Out 114th disbursement ceremony

Business Established

Business established
Business established
Getting business shield
Getting business shield

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