Zain Ashraf Mughal, who is the Founder and Chief Executive Officer of Seed Out, becomes a star in the night in the country as he is listed under the Forbes 30 under 30 Asia List of Social Entrepreneurs in 2019.
The 28-year-old CEO, Zain Ashraf Mughal runs a non-profit, non-political and non-religious crowdfunded venture capital, with the name of Seed Out in Pakistan. The organization has raised over 600 successful entrepreneurs, with a minimum funding of Rs 90,000 per person. Due to its success, more than 1,600 children are put into school.
According to Forbes, a total of 300 names were to be elected from over more than 2,000 entries. They were heavily researched by a team of reporters and elected by the A-Class judges. Forbes stated that the crowdfunding platform is working to eradicate poverty by interest-free micro-financing to established entrepreneurs.
Donors have the option to choose to either donate or lend to the projects listed on the website. They can track their progress and after the repayment, donors can choose to reinvest into other projects.
Forbes further added that Seed Out’s CEO has devised a system with a 97% payment rate and has helped up to 538 local fundings. The profile also said that the youngster is also blessed with a Commonwealth Youth Award, which was won in 2018.
Seed Out’s official Instagram account also announced the big win of the CEO, saying, ” “A proud moment for Seed Out! The eminent US-based magazine, Forbes has recognized Seed Out’s president and founder, Zain Ashraf Mughal in its list of 30 under 30 social entrepreneurs for the year 2019.”
That’s not just it, other than Zain Ashraf Mughal, there are four other Pakistani’s who have made it to the list. They are Ahmed Rauf Essa, 27, who Co-founded Telemart. According to Forbes, it is one of the largest E-commerce platforms in Pakistan and he founded it at the age of 23.Next in the list is Zainab Bibi, who is 29, founded a company-Pakistan Society for Green energy in 2013 to develop new methods of renewable energy.
But depending upon the overall status of the people and members included in the list, Zain Ashraf Mughal’s Seed Out is the best All in one for donators and entrepreneurs.