Loader Rickshaw

Support a featured beneficiary with a microloan.

Muhammad Iqbal - Business established
$227.50 repaid of $227.50 total
100%
Verified 0% Interest Success Story

Muhammad Iqbal's story

Muhammad Iqbal is from Gujranwala. He is a 38 year old married man living with six children. He has one physically challenged daughter by birth who is six years old and needs extra care and medical treatments. He has no appropriate business to bear his special child’s medical, household and education expenses. Nine months ago his motor cycle rickshaw got stolen which was his source of earning. The only income source for his family now is a small trading business of sales/purchase of cartons in factories which is carried through a rented loader rickshaw. His four children are going to school and they need to pay tuition fees. Now Muhammad Iqbal has requested a funding of $228 to purchase a loader Rickshaw. He will buy material (cartons) on his own loader Rickshaw and will secure more money by saving monthly percentage for the rented loader Rickshaw. This initiative will increase his family's income and Muhammad Iqbal will be able to give his children a good education.

Application Submitted

Application is submitted by applicant

Fully Funded

Loan is fully funded by donors

Disbursement Ceremony

Date07 Dec 2014 Disbursement # 3
Seed Out 3rd disbursement ceremony

Business Established

Business established
Business established
Getting business shield
Getting business shield

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