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Ahmed Mehmood
Ahmed is 30 years old and lives in the area of Lahore, Pakistan. He is the father of a son; he expects that he will have more children in the future. Now his family’s expenses are very low, which will not remain constant in the future. Ahmed has compared his current monthly income with the rapid increase in inflation and concluded that his earnings will be lacking to cope with inflation in the future. So he decided that he should increase his business so that he can easily fulfill the household expenses and can provide comfort for his family.

Ahmed’s business is selling crockery. Through the sales of crockery items such as plates, dishes, cups, jars, glass, jugs, mugs, and buckets, he earns sufficient income for his family. He has been selling stylish crockery in the main market for many years. He also provides fancy crockery for dowry to his customers. The marriage season impacts a positive change over his sales and he earns maximum income in the marriage season.

Ahmad is not a landlord, he is just an ordinary person. He has been establishing his shop with efforts days and nights. He does not have enough savings to buy fancy crockery to offer his customers. He is taking loan to invest the full amount in the current business. He assured us that he will show his good payment behavior because he wants to take more loans from BRAC Pakistan.

Ahmed presents his humble request to Kiva’s field partner BRAC Pakistan, so that he can buy more fancy crockery to attract his customers and to increase the sales.

Ahmed hopes that he will succeed and can maintain his standard of living and respect among his family in the future.
Ahmed is very thankful to the Kiva’s field partner BRAC Pakistan because they showed him a beam of hope to fulfill his desires.

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

  • $4,700
    Average annual income
  • 258
    View loans »
    Pakistan Loans Fundraising
  • $14,721,100
    Funds lent in using Kiva
  • 105.0
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Ahmed Mehmood to buy crockery for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2013
Listed
Sep 24, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014