Khaleel has been running a cloth shop for seven years. He has a limited stock to offer customers. He has requested a loan from Kiva's partner BRAC Pakistan. He would buy new varieties of cloth for selling and this would increase his sales.
Khaleel wants a bright future for his children. With the help of this loan, he could expand his business and his net income and savings would also be increased. After getting the profit he would pay the educational expenses of his children. Khaleel is very thankful to Kiva and BRAC Pakistan for helping him.
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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