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Asif
Asif is a 38-year-old man who lives with his family in Lahore, Pakistan. He has been running his own general store near his house. He belongs to a poor family. He wishes to provide higher education for his children; however, due to low income and savings, he is unable to fullfil his wish.

Asif is an active borrower of BRAC Pakistan. He currently needs to purchase some products for his store including soaps, body spray, hair dye, shampoos and lotions, etc. However, due to financial constraints, he is finding this difficult. Therefore, he has requested a loan from Kiva's partner, BRAC Pakistan. This will not only help him to grow his business but will also increase his net income and savings. He is very thankful to Kiva and 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
  • 201
    View loans »
    Pakistan Loans Fundraising
  • $14,215,100
    Funds lent in using Kiva
  • 100.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Asif to purchase a variety of products to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2013
Listed
Jul 16, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 22, 2014