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Mughal
Mr. Mughal is a 45-year-old man who lives with his family in Lahore, Pakistan. Since 2005, Mughal has been running his own clothing business near his house, which is a very successful business for his family. He purchase pieces of clothes in various colours from different areas and sell them in the market.

He wants to purchase pieces of clothes to resell them at a profitable price but, due to financial constraints, he finds it difficult. Therefore, he has requested a loan from Kiva's partner, BRAC Pakistan. This will not only help him to grow his business, but will also increase his net income and savings. He is very thankful to Kiva and BRAC Pakistan.

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.

Tags

About Pakistan

  • $3,004
    Average annual income
  • 129
    View loans »
    Pakistan Loans Fundraising
  • $13,302,525
    Funds lent in using Kiva
  • 98.5
    Pakistan Rupees (PKR) = $1 USD
Expired
A loan of $1,225 helped Mughal to purchase clothes to sell.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2013
Listed
May 27, 2013
Currency Exchange Loss:
Possible
Expired:
Jun 26, 2013