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$21 Contributed
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$44 Contributed
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| Average cost to borrower | NA |
| Profitability (return on assets) | 0% |
| Delinquency rate | 0% |
| Loans at risk rate | 0% |
| Default rate | 0% |
| Currency exchange loss rate | 0% |
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Nadeem Iqbal Mughal, a dedicated 49-year-old husband and father, has been running Bismillah Tailor Shop for the past 35 years. His passion for tailoring has not only supported his family but also helped him develop a strong connection with his community. However, due to an unfortunate accident, Nadeem now lives with a disability that makes his work more challenging. Despite this adversity, he remains determined to provide for his family and continue his business.
Nadeem is married and has three children, all of whom depend on his income. The family also faces additional burdens as they have medical expenses for a patient at home. Nadeem dreams of expanding his tailoring business by purchasing new sewing machines, which will allow him to increase production and serve more customers. With the help of Seed Out, he is seeking a loan of $525 to make this dream a reality.
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Contributors
11 people funded this loan
Loan successfully repaid
Seed Out is a not for profit crowd funding platform which is working to end poverty by
establishing micro-entrepreneurs through interest-free Micro Financing.
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