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Mehboob
Mehboob is a very hardworking and active borrower of Kiva's partner, BRAC Pakistan. He is 53 years old and lives in Rawalpindi, Pakistan, with his family. His family includes his wife, who is a decent and responsible house wife, two sons and a daughter. The elder son, who is 26 years old is doing the same business with his father, while the younger two children are students.

Since 2007 Mehboob has been running his own pharmacy, which is the only source of income for the family. Currently, he is interested in purchasing more medicines for the shop. For that purpose, he has requested a loan in the amount of 100,000 PKR.

The loan will help Mehboob to increase his net income and savings. He wants to use some of the profit amount to open a new shop for his brother, in the future. Many thanks to all staff of Kiva and BRAC Pakistan from Mehboob's family.

Additional Information

More information about this loan

BRAC Pakistan focuses its work in some of the most underdeveloped parts of Pakistan, characterized by poor infrastructure and high levels of poverty. By supporting this loan, you are enabling access to finance for borrowers living in some of Pakistan's poorest areas.

About BRAC Pakistan

BRAC Pakistan is a subsidiary of BRAC, one of the world’s largest development organizations with a focus on microfinance and economic empowerment. It offers micro-loans designed to help small businesses, very poor clients and others, in addition to health and education services. Kiva’s flexible, zero-interest capital will enable BRAC to expand its outreach in underserved regions and to women who have had no access to microfinance services.

About Pakistan

  • $3,004
    Average annual income
  • 211
    View loans »
    Pakistan Loans Fundraising
  • $13,141,000
    Funds lent in using Kiva
  • 97.5
    Pakistan Rupees (PKR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,050 helped Mehboob to purchase some medicines for his pharmacy.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2012
Listed
Dec 27, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014