Presently he wants to purchase one more buffalo so his business can grow. He hopes that the loan will be productive one for his business.
The house in that Mr. Akbar and his family live is in substandard condition and he needs to repair his house as soon as possible. So he will use the profit amount for the construction of his house. He wants to provide higher education to his children. He is 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