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Chand
Chand is a 47-year-old hardworking and honest man. He lives in Lahore, Pakistan, with his family. He manufacture shoes and men's belt buckles. He has been working in this field since 1998, and this is the only source of income for the family. He wants to purchase iron sheets for manufacturing shoes and men's belt buckles. For that, he has requested a loan from Kiva's partner BRAC Pakistan.

With the profits expected from this loan, he intends to expand his business so that he can eventually construct a small house for his family. He hopes that the loan will be helpful for his business. He is thankful to Kiva lenders and to BRAC Pakistan.

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
  • 150
    View loans »
    Pakistan Loans Fundraising
  • $13,462,325
    Funds lent in using Kiva
  • 98.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,050 helped Chand to purchase iron sheets for manufacturing shoes and men's belt buckles.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2013
Listed
Jun 16, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014