He has requested a loan from Kiva's partner, BRAC Pakistan, to expand his business. Currently, Faraz has a limited stock to offer to his customers. He would use the loan amount to purchase a new variety of garments and, in this way, his sales would be increased.
Faraz has recently married and he wants to give a peaceful and happy life to his life partner and this loan could help him to fulfill his dreams. He is very thankful to Kiva and BRAC Pakistan.
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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