Her husband owns a general store in the market which is the only source of income for the family. He sells a variety of products in his store. Presently he is interested in offering more variety to his customers which will help him to increase his net income and savings as well. However, due to the lack of funds he finds it difficult. Therefore, his wife has requested a loan from Kiva's partner BRAC Pakistan so that she can help her husband to purchase cake, fruit cake, biscuits, bubbles, popcorn, nimko and sell them at the market at a profitable price. With the profit amount her husband wants to grow his business in the future. Riffat is very thankful to Kiva and BRAC Pakistan.
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 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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Success!! The loan was 100% repaid