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Ali
Ali is 26 years old, married, and has one child. He lives in Punjab, Pakistan. He is an honest and hardworking business man. Ali has been running a cloth shop for two years. All the people in his area know him very well and are satisfied with his services.

Ali is requesting a loan from BRAC Pakistan, which he will use to buy a new variety of cloth to sell as he has a limited stock to offer for customers. He believes the added stock will increase his sales. With the help of this loan, he can expand his business resulting in an increase in his net income and savings.

Ali wants the bright future of his child. With the profit, he would pay the educational expenses of his child.

Additional Information

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 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
  • 138
    View loans »
    Pakistan Loans Fundraising
  • $13,074,775
    Funds lent in using Kiva
  • 98.5
    Pakistan Rupees (PKR) = $1 USD
Expired
A loan of $1,525 helped Ali to purchase a new variety of cloth.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2013
Listed
Jun 4, 2013
Currency Exchange Loss:
Possible
Expired:
Jul 4, 2013