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Fareed
Fareed is 39 years old. She lives in Rawalpindi, Pakistan, with her family. She is the mother of four children. She owns a small embroidery business in her house. Her embroidery cloths are liked by everyone. Presently her stock of embroidery material is almost gone. Therefore, she is interested in purchasing a variety of embroidery materials, including colorful threads, beads, stones, needle and cloth. For that purpose, Fareed has requested a loan from Kiva's partner, BRAC Pakistan. She is hopeful that the loan will be a productive one for her business.

With the profits, Fareed wants to build her own house. She hopes that she will earn sufficient profits so that she can easily pay back the loan amount as well as build her house. She is feeling very happy after taking the loan amount because this will help her to fulfill her needs.

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
  • 242
    View loans »
    Pakistan Loans Fundraising
  • $14,147,575
    Funds lent in using Kiva
  • 98.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Fareed to purchase embroidery material.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2013
Listed
May 26, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014