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Iqbal
Iqbal is a milk seller by profession. He sells milk in the area of Lahore, Pakistan. He is the only earning person in the family. He wants to provide quality education to his children, and to do that he has to save a huge amount of money. But daily expenses are increasing every day and his income is insufficient even to sustain his family life. He is facing a load shedding problem in his area as well and because of that he can't preserve milk in the freezer.

Presently he needs to purchase food for buffaloes. For that he has requested a loan from Kiva's partner BRAC Pakistan to purchase food for his buffaloes and for the maintenance of cartage. He hopes that the loan will be helpful for the growth of his business.

Additional Information

More information about this loan

BRAC Pakistan focuses its work in some of the most underdeveloped parts of Pakistan, characterized by poor infrastructure and high levels of poverty. By supporting this loan, you are enabling access to finance for borrowers living in some of Pakistan's poorest areas.

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
  • 137
    View loans »
    Pakistan Loans Fundraising
  • $13,493,975
    Funds lent in using Kiva
  • 98.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Iqbal to purchase food for his buffaloes and for the maintanance of cartage.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2013
Listed
May 27, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014