Now he has requested a loan amount of PKR 120,000 in order to purchase a shop, so he can start a proper retail business. With the help of this loan amount, he will buy cartons of soap and washing powder at wholesale price, which would be less costly. With the first profit, he is planning to introduce new products, like rice and various food items, in his shop. By doing this he will make his business profitable, which would be beneficial for his business as well as for his family.
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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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