Her husband is a scrap dealer; he purchases scrap iron, plastic accessories, aluminum, and copper from retailers or hawkers and sells them to a recycling factory. He has been doing same business for many years, and earning reasonable profit for his family.
He loves his children a lot, and wants to provide them a better way of living. He wants to earn maximum income to ensure and secure a better future for his children.
Recently, he met with a new retailer who has scrap in large quantities which is beyond from his purchasing capacity. Therefore, Irshad requested a loan so she could help her husband, and he would be able to buy that scrap material.
Irshad hopes that this loan will enhance the earning capacity of her husband; in this way she would be able to increase their savings.
Irshad seems very glad after taking this loan, and says thanks to Kiva.
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