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Shagufta
Shagufta is a 35-year-old woman living with her spouse and five children in the area of Lahore, Pakistan.

Her husband owns a butcher shop, where he earns sufficient income for his family. Recently, he spend a huge part of his income to pay utility bills, which affected his purchasing power for new inventory for his butcher shop. He tried to take loans from banks and other organizations but he does not have any property to use as security.

So Shagufta requested a loan of PKR 20,000 from Kiva’s field partner BRAC Pakistan because BRAC Pakistan provides the facility to empower poor people without asking about assets. With the help of the loan, Shagufta's husband will purchase products for the butcher shop.

Shagufta wants to provide higher education to her children. She dreams to provide all facilities of life to her children.
She is very thankful to BRAC Pakistan.

Additional Information

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 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
  • 179
    View loans »
    Pakistan Loans Fundraising
  • $13,079,825
    Funds lent in using Kiva
  • 99.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Shagufta to purchase products for the butcher shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2013
Listed
Jul 5, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014