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Riffat
Ms. Riffat is 37-year-old woman. She lives in Lahore, Pakistan with her family. From the past 19 years her husband has been running a paint shop in the market. He is the only income-earner in the family and this shop is the only source of income for his family. His monthly net income is inadequate to meet the household needs so he is planning to grow his business by purchasing more products for the shop. This will help him to increase his monthly net income and savings. However, due to the lack of finance he finds it difficult.

Ms. Riffat wants to help her husband to cover the cost of purchasing paint in different colours and a variety of paint brushes. Therefore she has requested a loan amount of 25,000 PKR from Kiva's partner BRAC Pakistan. She is hopeful that the loan will be a productive one for her husband's business. She is 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
  • 159
    View loans »
    Pakistan Loans Fundraising
  • $13,439,025
    Funds lent in using Kiva
  • 98.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Riffat to purchase paint and paint brushes to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2013
Listed
May 6, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014