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Khalid
Khalid is a 47-year-old man who lives with his family in Lahore, Pakistan. He is an old, poor person who cannot do much work due to back pain. He is the only earning person in the family and his family depends on his income.

Since 2007, he has been operating a highly productive shoe business in the main market of the area. Presently, he is interested in purchasing a variety of shoes to offer more choices to his customers. This will help him to earn more income which will help to sustain his family life. He hopes that the loan will be effective 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
  • 256
    View loans »
    Pakistan Loans Fundraising
  • $13,737,225
    Funds lent in using Kiva
  • 98.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Khalid to purchase a variety of shoes to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2013
Listed
May 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014