Presently he wants to purchase one more buffalo to grow his business and to increase his net income and savings as well. However due to the lack of expenses he finds it difficult.
Therefore Waris has requested a loan in the amount of 100,000 PKR from Kiva's partner BRAC Pakistan, so that he can purchase a buffalo.
Waris is very thankful to Kiva and BRAC Pakistan.
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 PakistanBRAC 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.
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