Sidra has requested a loan from Kiva’s partner BRAC Pakistan. The main purpose of the loan is so that her husband can expand his business. There are currently two workers in her husband’s tailoring business. He wants to hire two more workers so that his production capacity will increase. For that purpose he requires two more new sewing machines and this loan would be used to purchase those new sewing machines.
Sidra is very hopeful that after getting this loan, her husband’s business would flourish. She is currently living in a rented house and desires to have her own house. She is very thankful to Kiva and BRAC Pakistan.
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 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