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Nargis
Nargis is 52 years old and a housewife. She lives with her husband and five children in Rawalpindi, Pakistan.

Since 2002, her husband has been running a general store, and he works very hard to meet his family's needs. Due to their large family size and low monthly income, they are facing many problems. Her husband needs additional capital for the growth of his business, so Nargis has requested a loan from Kiva’s partner BRAC Pakistan to invest in her husband’s shop.

With the loan money, her husband will be able to buy a variety of goods for his general store, such as rice, sugar, soap, cereals, milk, and utility items. This will satisfy his clients more professionally as well as increase his savings to provide a better future for their children. The profit would be used to expand the business and pay for their household expenses.

Nargis and her husband are very hopeful that the loan will be a lucky and productive one for their 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
  • 208
    View loans »
    Pakistan Loans Fundraising
  • $14,463,475
    Funds lent in using Kiva
  • 98.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Nargis to purchase a variety of goods for her husband's general store, such as rice, sugar, soap, cereals, milk, and utility items.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014