Riffat's husband owns a clothing shop in the market, which is the only source of income for the family. He sells a variety of clothes in his shop. He is interesed in offering more variety to his customers, which will help him to increase his net income and savings as well. However due to the lack of funds he finds it difficult.
Therefore, his wife Riffat has applied for a loan from Kiva's partner BRAC Pakistan, so that she can help her husband to purchase a variety of clothes from factory and sell them in the market at profitable price. With the profits, her husband wants to grow his business in the future.
Riffat is very thankful to Kiva and BRAC Pakiatan.
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 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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Success!! The loan was 100% repaid