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Nawaz
Nawaz is a 56-year-old married man. He is an active borrower of BRAC Pakistan. He lives in Lahore, Pakistan, with his family. He has a large family size consisting of four sons and five daughters.

Since 1992, Nawaz has been in the business of selling milk, which is the only source of income for the family. Currently, he is interested in purchasing one buffalo to grow his business, but due to financial constraints, he finds it difficult.

Nawaz has requested a loan from Kiva's partner BRAC Pakistan. This will not only help him to grow his milk selling business but it will increase his net income and savings as well. He hopes to provide quality education for his children. He is very thankful to Kiva and 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.

About Pakistan

  • $3,004
    Average annual income
  • 142
    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 $1,525 helped Nawaz to purchase a buffalo for his milk selling business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2013
Listed
Jun 16, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014