Mr. Amjad has been running a steel shop in the area of Lahore, Pakistan. Presently, he wants to buy new iron sheets, iron rods, welding rods, and soldering rods to sell. For this purpose he requested a loan amount of 100,000 PKR from Kiva's partner BRAC Pakistan. He is feeling very satisfied after getting a loan from BRAC Pakistan as he is hopeful that he will easily purchase the things his business needs, and that this will help him to increase his net income and savings as well.
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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 PakistanBRAC 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.
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Success!! The loan was 100% repaid