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Rashid
Rashid is 41 years old, and he lives in Lahore, Pakistan. He is a responsible father of three children. He is a rickshaw driver by profession. His rickshaw has not been working properly for the past many days. Because of this, he is unable to generate any amount of income. He wants to repair it, as soon as possible. However, due to a lack of money he finds it difficult to cover the cost of repairing the rickshaw. Therefore, Rashid has requested a loan from Kiva's partner, BRAC Pakistan, to cover the cost of repairing his rickshaw. This will help him to continue his business. Rashid is so much thankful to Kiva.

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
  • 146
    View loans »
    Pakistan Loans Fundraising
  • $13,462,325
    Funds lent in using Kiva
  • 98.4
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Rashid to cover the cost of repairing the rickshaw.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2013
Listed
May 20, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014