She has taken responsibility for all of her group members. Her group consists of 5 members; some members are new and a few are old ones. All of the members have taken a loan according to their needs.
The featured borrower, Rukhsana, took a loan for her husband’s business. In fact her husband owns a computer composing and designing shop. He uses a computer for composing and designing. A few days ago his computer’s motherboard was blown due to a fluctuation in electricity. He saved most of the composing backup data on the hard drive but he is unable to continue his work without a motherboard. Her husband’s business is not profitable and their savings are not enough to buy a new motherboard.
Rukhsana is the mother of four children, all of whom go to school daily. Her husband has to pay for the educational expenses and those of the household as well by himself. His monthly income based upon his single source of income, due to the problem with the computer affects all household expenses and is disturbing.
Therefore, Rukhsana requested a loan for her husband so that he would be able to buy a new motherboard to continue his composing business. She is very thankful to Kiva’s field partner 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.
This is a Group Loan
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Success!! The loan was 100% repaid