Project Title: Phase IV: APPEC Pakistan Loan scheme
Project ID: APPEC-2017-06-23
APPEC Point person: Dr. Adnan Khan Niazi
Proposed by: Adnan Khan Niazi (University of Agriculture, Faisalabad Pakistan)
Location: All over Pakistan
Contact: adnan1753 AT yahoo DOT com
Total funds needed= 1000 euros
Summary of the project:
This is the phase IV of following APPEC projects (Phase I, Phase II, Phase III). We are running successfully this project since April 2014. We want to collect more money for this project so that we can provide loan to more needy families.
So far, interest free loans have been provided to 22 families (worth 10 lakh), from the funds raised for this project. Seven of them have successfully reimbursed the total amount that they borrowed while 5 families had partially reimbursed. The money has been re-injected into the project funds for providing qarz-e-hasna to more people.
As this project is contributing a lot and giving the results that we want, now we want more funds. In this way we can run more projects at the same time and also can extend the limit of loan to a bit higher. We will extend the amount in different phases. In this phase, we are going to collect 1000 euros.
Before we were running this project only in Layyah, Mianwali, Bhakar, Lahore and Rawalpindi but now we have extended this to all over Pakistan. There are many applications for loans mostly from students for study loan but for the moment we are unable to fulfill due to lack of funds. A quick and great help is needed from all of you.
Please contribute generously for the rehabilitation of these poor people of society and to make life easier for many people.
A brief summary of the loans provided under this project is in the table below.
|03/04/14||25000||Umar Hayyat Khan||Fruit cart to start own business||1800 remaining|
|04/04/14||60000||Tanveer Ahmad||Sister’s marriage||Reimbursed|
|06/06/14||30000||Abid Hussain||To buy motor Rickshaw to start earning for family||Reimbursed|
|12/06/14||50000||Wazir Khan||To get rid of loan taken on heavy interest rate.||Reimbursed|
|04/08/14||25000||Sher Abbas||For production of cotton (spray, water etc)||Reimbursed|
|10/08/14||60000||Javed Iqbal||To start small business and treatment of heart disease||Reimbursed|
|15/11/14||70000||Muhammad Yasin||Marriage of brother n sister||14000 remaining|
|22/12/14||60000||Abul Shakoor||To complete the contruction of house||Reimbursed|
|02/03/16||93000||Muhammad Harris||Study loan to complete his Degree||In progress|
|21/03/16||40000||Ali Hamza||Study loan to complete his Degree||In progress|
|12/11/15||30000||Ameer Khan||House reconstruction damaged by earth quack||In progress|
|28/12/15||35000||Parvaiz Akhtar||Shop augmentation||25000 remaining|
|30/06/16||60000||Sher Khan||House construction||in progress|
|01/09/16||30000||Sher Abbas||cotton spray||Reimbursed|
|25/12/15||35000||Jaffer Hussain||For his own marriage||12000 remaining|
|24/08/16||93000||Ali Hamza||Study loan||In progress|
|24/08/16||13500||Faiza Usman||Study loan||In progress|
|17/09/16||45000||Muhammad Zamman||For his own and her sister’s marriage||12000 remaining|
|19/09/16||80000||Hakim Khan||To buy agricultural land||In progress|
|21/04/17||26350||Abdul Khaliq Niazi||marriage of two children||In progress|
|27/05/17||20000||Asifa Bibi||To return loan||In progress|
|18/05/17||20,000||Kousar Maqbol||To run beauty parlor in village||In progress|
This project is NOT eligible for Zakat.
Target: 1000 EUR
Deadline: till completion
How to donate?
You can send your donations to APPEC’s bank account in France, APPEC’s bank account in UK, APPEC’s bank account in Pakistan or APPEC’s Paypal account.
Please click here for your donations and drop an e-mail to email@example.com with your name and amount donated.
Please note that APPEC has CHANGED ITS FRENCH BANK ACCOUNT since 10th July 2017. Before transferring your donation please ensure that you are using the correct details as given here. Please contact firstname.lastname@example.org for all your questions.
Current status of total funds:
EUR 00.00 (update: 25.08.2017)(EUR 579.17 released)
EUR 579.17 (update: 23.08.2017)
EUR 569.17 (update: 23.08.2017)
EUR 10.00 (update: 25.07.2017) [Funds used from project APPEC-2016-02-26: EUR 559.17]
EUR 00.00 (update: 23.06.2017)
Funds released: EUR 579.17
Funds remaining with APPEC: NIL
This project is no more open for donations. BEFORE DONATING, please contact email@example.com, to confirm if your donation could actually be accommodated.