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Parveen
Parveen is a 53-year-old woman who lives in Rawalpindi, Pakistan, with her husband and five children. For 25 years, her husband has been running a wood shop, which is the only source of income for their family. He is an excellent carpenter and he is skilled at making good quality furniture.

Parveen has requested a loan from Kiva's partner BRAC Pakistan to help her husband in his business. Her husband will purchase a wood cutting machine and some tools like hammers, nails, wooden sheets, glue, etc. for his shop. As they have no other source of income, with the help of this loan, her husband will be able to continue his business, and with the net profit he will open a new shop for his son. Parveen prays for her children's bright future and her husband's good health.

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
  • 150
    View loans »
    Pakistan Loans Fundraising
  • $13,288,575
    Funds lent in using Kiva
  • 98.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Parveen to purchase a wood cutting machine and other tools.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2013
Listed
May 9, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014