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Abbas Ali
Abbas is 41, living along his family in the rural area of Lahore, Pakistan.

He is a milk dealer, providing milk in the urban area to milk sellers. He uses his vehicle to carry the milk from one place to another. He has been selling milk for many years, and getting sufficient income to run his house. He has many buffaloes to milk in large quantities, but he has to sell the milk on the same day, otherwise it loses its freshness and he does not have any source for milk preservation.

Now the vehicle for carrying the milk is not working, due to overloading and the rough surface of land in the rural area. His vehicle is totally damaged; it is unable even start. He is renting a vehicle, and he paying a daily fare for renting. He cannot buy a new vehicle because recently he has purchased two more buffaloes.

Abbas wants to buy a new vehicle to carry the milk and save on the vehicle rental costs. Therefore, Abbas requested a loan from Kiva’s field partner, BRAC Pakistan, so that he could buy a vehicle to carry the milk.

Abbas is very thankful Kiva and to its field partner BRAC Pakistan; he seems tension-free now.

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.

Tags

About Pakistan

  • $3,004
    Average annual income
  • 148
    View loans »
    Pakistan Loans Fundraising
  • $13,288,575
    Funds lent in using Kiva
  • 104.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Abbas Ali to buy a vehicle to carry the milk.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2013
Listed
Sep 20, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014