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Akram
Mr. Akram owns a children’s garments and toy shop in the area of Punjab, Pakistan. He belongs to a poor family. His monthly income is insufficient to meet the household expenses. He has requested a loan of PKR 100,000 from Kiva's partner BRAC Pakistan. With the help of the loan, he will purchase a variety of garments for his shop, including frocks, shirts and trousers. This will help him to offer more variety to his clients and to increase his net income and savings. He is 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
  • 177
    View loans »
    Pakistan Loans Fundraising
  • $13,083,375
    Funds lent in using Kiva
  • 97.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Akram to purchase a variety of children’s garments to sell in his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2013
Listed
Mar 12, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014