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Mr. Waqas is 30 years old and a married man. He has been running a tire shop in Punjab, Pakistan. He purchases used tires at a low price and sells them at a high price after maintaining them. He is a very hard-working person and always tries his best to fulfill the needs of his family. He has requested a loan of 120,000 PKR from Kiva's partner, BRAC Pakistan, to purchase tires to sell. He wants to open a new shop for his brother with his profits. He dreams of a bright future for his 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

  • $4,700
    Average annual income
  • 282
    View loans »
    Pakistan Loans Fundraising
  • $14,693,800
    Funds lent in using Kiva
  • 97.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Waqas to purchase used tires to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 7, 2013
Mar 14, 2013
Currency Exchange Loss:
Apr 16, 2014