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Ashraf
Ashraf is a 26-year-old man. He lives in Lahore, Pakistan. He is a responsible father of one daughter. He loves his family a lot and wishes to provide all facilities for his family. He owns a small boutique in the area, which is the only source of income for the family. His shop is situated in a remote area where he is not getting a good profit so he is planning to sell his dresses in different areas of Lahore so that he can get a good amount of profit.

Ashraf has requested a loan of 150,000 PKR from Kiva's partner BRAC Pakistan for his boutique. He will purchase a variety of threads, clothes, colorful laces, beads, and buttons for stitching beautiful and attractive ladies dresses. He hopes that the loan will be productive for his business. He is thankful to Kiva and BRAC Pakistan.

Additional Information

More information about this loan

This loan is part of BRAC Pakistan's effort to provide credit to entrepreneurs seeking to expand their small businesses. These are individuals who have limited access to loans because their requests are too large for typical microfinance, and they lack the collateral to borrow from commercial banks. By funding this loan, you will enable a small business owner to provide new services and create new employment opportunities.

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
  • 198
    View loans »
    Pakistan Loans Fundraising
  • $13,654,625
    Funds lent in using Kiva
  • 98.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,550 helped Ashraf to purchase a variety of threads, clothes, colourful laces, beads, buttons for stitching ladies dresses to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
May 11, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014