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Abdul Rashid
Mr. Abdul Rashid is 51 years old. He runs a shop that sells bags in the area of Lahore, Pakistan. This is the only source of income for his family. He is a responsible father of three children, all of whom attend school. His wife is a responsible housewife. Mr Abdul Rashid is an honest and hardworking person. He sells various kinds of school bags in his shop.

Presently he is interested in purchasing a greater variety of school bags for his shop, in order to grow his business. Purchasing bags also helps him to offer more variety to his clients and to increase his net income and savings as well. Therefore Mr. Abdul Rashid has requested a loan from Kiva's partner BRAC Pakistan. He is hopeful that the loan will be a productive one for his shop and his family's future life.

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

  • $4,700
    Average annual income
  • 274
    View loans »
    Pakistan Loans Fundraising
  • $14,699,975
    Funds lent in using Kiva
  • 97.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Abdul Rashid to purchase school bags for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Feb 22, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014