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Zulfiqar Alee
Mr. Zulfiqar is a 40-year-old man who lives with his family in Lahore, Pakistan. He is an active borrower of BRAC Pakistan. Since 2005, Zulfiqar has been running his own steel shop near his house, which is a very successful business for his family. He is currently in need of some products for his steel shop including iron, rods, iron sheets, tin, etc. But, due to financial constraints, he finds it difficult. Therefore, he has requested a loan for 100,000 PKR from Kiva's partner, BRAC Pakistan. This will not only help him to grow his business but will also increase his net income and savings. He is very thankful to Kiva and BRAC Pakistan.

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
  • 114
    View loans »
    Pakistan Loans Fundraising
  • $13,302,525
    Funds lent in using Kiva
  • 97.3
    Pakistan Rupees (PKR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,050 helped Zulfiqar Alee to purchase iron, rods, iron sheets, tin, etc. for his steel shop.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2013
Listed
Jan 16, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014