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Tariq
Tariq owns a small dairy farm in the area of Lahore, Pakistan, which is the only source of income for his family. He has three buffaloes, which is insufficient to earn a good amount of income and sustain the lives of his family. Therefore he wishes to purchase two more animals so that he can get more milk to sell and earn a good amount of income.

Tariq has requested a loan amount of 100,000 Pakistani Rupees (PKR) from Kiva's partner BRAC Pakistan to purchase cattle for his business. He does not want his children to spend their lives as he did. Therefore he wants to provide quality education to his children so they can lead respectable and good lives in the future. 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
  • 212
    View loans »
    Pakistan Loans Fundraising
  • $14,215,100
    Funds lent in using Kiva
  • 98.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Tariq to purchase cattle for his dairy farm business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2013
Listed
May 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014