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Habib-Ur- Rehman
Habib-ur-Rehman is a 33-year-old man. He lives in Lahore, Pakistan, with his family. Since 2008, he has been running a cloth selling business in the main market. The new season has started; therefore, he is interested in purchasing a variety of new cloth for his shop. However, due to lack of finances, he finds it difficult. Therefore, he has requested a loan amount of 100,000 PKR (Pakistan rupees) from Kiva's partner BRAC Pakistan to purchase ladies cloth, a variety of gents' shirts and trouser cloth. He is hopeful that the loan will help him to offer a variety of new clothes of the summer season to the customers and to increase his net income and savings. 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

  • $4,700
    Average annual income
  • 276
    View loans »
    Pakistan Loans Fundraising
  • $14,714,900
    Funds lent in using Kiva
  • 98.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Habib-Ur- Rehman to purchase a variety of unstitched cloth to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 9, 2013
Listed
May 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014