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Riffat
Riffat is a 42-year-old married woman and the mother of 4 children. She has been running a business selling clothing for many years. She buys a variety of clothes from the main city and then sells them to the people of her neighborhood. She has become famous for selling good quality clothes in her community. Riffat applied for a loan from Kiva’s field partner BRAC Pakistan to buy a stock of different clothes for the summer season, taking into account the choices and tastes of her customers. As a result, she will be able to earn more income through her increased sales. She hopes to have a good experience with this new loan and wants to grow her business. She dreams of giving a good quality education to her children through all her hard efforts in her business.

Additional Information

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 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.

About Pakistan

  • $3,004
    Average annual income
  • 137
    View loans »
    Pakistan Loans Fundraising
  • $13,292,875
    Funds lent in using Kiva
  • 104.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Riffat to buy clothes to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2013
Listed
Sep 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014