Her husband has a small rent-a-bike business. This is the only source of income for his family. Currently, he is interested to purchase a bike for his shop. Due to the lack of money, however, he finds it difficult.
Therefore Asma has requested a loan from Kiva's partner BRAC Pakistan to help her husband. This will help him to improve his business, which will gradually increase his net income as well. Asma promises to pay back the loan amount on time. She is so thankful to Kiva lenders and BRAC Pakistan.
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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Success!! The loan was 100% repaid