Saeed has decided to add more varieties of sweets to offer his customers. But the lack of capital discourages his aims. Our field partner met with him and allowed him to request a loan after taking all the necessary information and completion of all formalities.
With this loan, Saeed will buy ingredients for preparing a variety of sweets to sell. He will buy flour, sugar, oil, etc. Saeed is very hopeful that this loan will bring positive changes into his business, his profits, and that his savings will increase.
Saeed thanks Kiva because they showed him a ray of hope to turn his business around.
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