After household usage and selling milk in his hometown, most of the milk remains unsold. After a day, the milk loses its freshness, and he does not want to lose his reputation in the market. So, he decided to sell the remaining milk in a neighboring town, but he does not have a conveyance to bring the milk.
For this purpose, Asghar decided to buy a vehicle for milk supplying with the contribution of his savings, but he does not have a sufficient amount to buy a vehicle. During the survey, the field officer met with Asghar, and took seriously his problem and approved a loan as per his desire.
Asghar will use the vehicle for traveling with his family, also. This loan helps his family, too.
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