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Abdul
Abdul lives in Punjab, Pakistan with his family. He is the only working person in the family. He owns a sewing machine shop in the market where he offers both types of sewing machines, electric and non-electric. He finds he has an insufficient variety to offer, and therefore he cannot attract many customers. He wants to add more variety in the shop. However, due to a lack of money he finds it difficult.

Therefore, he has requested a Kiva loan from Kiva's field partner BRAC Pakistan to purchase more machines for the shop. This will not only help him to attract more customers, but to increase his net income and savings as well.

Adbul wants to thank all Kiva lenders for their kindness.

Additional Information

More information about this loan

This loan is part of BRAC Pakistan's effort to provide credit to entrepreneurs seeking to expand their small businesses. These are individuals who have limited access to loans because their requests are too large for typical microfinance, and they lack the collateral to borrow from commercial banks. By funding this loan, you will enable a small business owner to provide new services and create new employment opportunities.

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.

Tags

About Pakistan

  • $4,700
    Average annual income
  • 281
    View loans »
    Pakistan Loans Fundraising
  • $14,698,775
    Funds lent in using Kiva
  • 104.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Abdul to purchase a variety of sewing machines to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2013
Listed
Sep 18, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 24, 2014