Previously, her husband was driving an auto rickshaw that did not belong to him. He had to pay a daily fare to the owner of the auto rickshaw. Therefore he decided to buy his own rickshaw to increase his income and savings.
Shamim has some savings, but they are insufficient to buy a new auto rickshaw. That is why Shamim requested a loan from Kiva's partner BRAC Pakistan, so that her husband could be able to buy a new auto rickshaw.
She hopes that this loan can bring happiness and joy in her family’s life and enable her to easily meet the daily household expenses.
Shamim is very glad after taking this loan and assures us that she will pay back the installments on time.
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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