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Naved Iqbal
Mr. Naved Iqbal owns a small embroidery business in the area of Lahore, Pakistan. He is a 35-year-old hard working and honest man and a responsible father of four children. His children are students. He is an active borrower of BRAC Pakistan. He is currently in need of purchasing a variety of embroidery materials including threads, needles, beads, buttons etc. But, due to financial constraints, he finds it difficult to purchase the needful things. Therefore, he has requested a loan of 100,000PKR 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
  • 146
    View loans »
    Pakistan Loans Fundraising
  • $13,079,825
    Funds lent in using Kiva
  • 97.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Naved Iqbal to purchase a variety of embroidery materials including threads, needles, beads etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 8, 2013
Mar 20, 2013
Currency Exchange Loss:
Apr 16, 2014