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Rizwan
Rizwan is 31 years old and a hard-working, diligent businessman. He lives in Rawalpindi, Pakistan with his wife, two daughters and one son. Since 2001, Rizwan has been running a small general store to generate income for his family. He has requested a loan from Kiva’s partner BRAC Pakistan to expand his business. He wants to buy a variety of goods like milk, sugar, rice, soap, detergents and creams and introduce some new items for his general store to fulfill the demands of the customers and to increase his savings. He would reinvest some of the profit in his business and part of it to pay household expenses and for the education of his children. He is very thankful to Kiva and BRAC Pakistan for their support. He is very hopeful that the loan would be a productive one for him and his family.

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
  • 297
    View loans »
    Pakistan Loans Fundraising
  • $13,738,325
    Funds lent in using Kiva
  • 99.0
    Pakistan Rupees (PKR) = $1 USD
Expired
A loan of $1,025 helped Rizwan to purchase items for his general store.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2013
Listed
Jul 1, 2013
Currency Exchange Loss:
Possible
Expired:
Jul 31, 2013