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Tanveer
Tanveer is a 30-year-old married man living in the area of Lahore, Pakistan. He is a responsible son; his parents like him a lot due to his care. Tanveer has owned a dairy farm in his town since 1993. Ali gets milk from buffalo two times a day, which is very hard work for a single person. A few days ago one of his cattle suddenly died due to a fatal disease. Also, his cowshed cracked, has water leaks on rainy days, and needs maintenance. These damages are highly affecting his sales.

Tanveer wants to buy a buffalo and maintain his cowshed but he has insufficient savings. He requested a loan from Kiva’s field partner, BRAC Pakistan, so that he could overcome these deficiencies and continue his business smoothly. From his profits, Tanveer would like to start his own livestock breeding business, since he has now acquired sufficient experience in this business. He wants to hire an assistant to help him in his daily tasks. Tanveer is very thankful to Kiva and its field partner, BRAC Pakistan.

Additional Information

More information about this loan

This loan is part of BRAC Pakistan's effort to provide credit to entrepreneurs seeking to expand their small businesses. These are individuals who have limited access to loans because their requests are too large for typical microfinance, and they lack the collateral to borrow from commercial banks. By funding this loan, you will enable a small business owner to provide new services and create new employment opportunities.

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

  • $4,700
    Average annual income
  • 250
    View loans »
    Pakistan Loans Fundraising
  • $14,728,150
    Funds lent in using Kiva
  • 103.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,425 helped Tanveer to buy a buffalo for getting milk to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Sep 4, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014