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Balqees
Balqees is a 59-year-old woman living in Rawalpindi, Pakistan. She has 8 kids and her husband has been operating an automobile workshop for 15 years. They are facing financial problems due to his low monthly income.

Balqees has requested a loan from Kiva’s partner, BRAC Pakistan. She wants to invest in her husband’s business so that their income and savings would be increased. The main purpose of the loan is that her husband could buy new tools for repairing and tuning automobiles. His customer base would be increased if he has the latest equipment and tools. In the future, with the profit amount, he wants to expand his workshop by adding some more space to it.

Balqees is very hopeful that this loan could solve many problems of her family and she is very thankful to Kiva and BRAC Pakistan for their help.

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
  • 153
    View loans »
    Pakistan Loans Fundraising
  • $13,462,325
    Funds lent in using Kiva
  • 98.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Balqees to purchase tools for her husband's automobile workshop.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2013
Listed
Jun 12, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014