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Saiqa
Saiqa is a 32-year-old hardworking and diligent women. She is living in Rawalpindi Pakistan with her husband and 5 sons. Her husband and all of her sons are running a car decoration and accessories shop. This is the only source of income for her family. Currently they are facing many problems in the business, as the current stock of car accessories is almost depleted and they have no funds available to purchase more stock. Saiqa has requested a loan from Kiva’s partner BRAC Pakistan so that her husband can continue his business and purchase more variety of car accessories and decoration kits like car chargers, fog lights, seat covers, neon lights etc. With the profit amount she is going to make arrangements for the marriage of her son and for the expansion of their business.

She is very hopeful that the loan will be a productive one for them, and she is very thankful to Kiva and BRAC Pakistan for their help.

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
  • 294
    View loans »
    Pakistan Loans Fundraising
  • $14,508,325
    Funds lent in using Kiva
  • 98.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Saiqa to purchase more stock of car accessories to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2013
Listed
May 13, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014