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Rasheed
Rasheed is a very hardworking and active borrower of BRAC Pakistan. He lives in Lahore, Pakistan with his family. His wife is a responsible housewife and all of his children are students. Since 2002, he has been running a shop selling laces and ribbons. This is the only source of income for the family.

He currently needs to purchase products for his shop but finds it difficult due to a lack of finances. Rasheed has requested a loan of 100,000 PKR from Kiva's partner,BRAC Pakistan, in order to purchase a variety of laces and ribbons. This will help him to offer more variety to his customers. He wishes to provide a quality education for his children. He is very much thankful to all the staff of 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.

Tags

About Pakistan

  • $3,004
    Average annual income
  • 114
    View loans »
    Pakistan Loans Fundraising
  • $13,302,525
    Funds lent in using Kiva
  • 100.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Rasheed to purchase laces and ribbons for his shop.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2013
Listed
Jul 19, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014