He is an expert in preparing 'paan,' because he has been running this shop for many years, and a lot of customers like to chew betel leaf products that have been prepared by him. In addition to betel leaf products, he offers cigarettes of different brands.
M. Nadeem is 36 years of age and the father of four children. He has only a single source of income to support his household. For the growth of his business, he wants to start offering cold drinks, soft drinks, and mineral water. His customers demand cold drinks also, which was part of his decision to offer drinks. But he does not have a refrigerator for the preservation and chilling of drinks, or savings.
Therefore, M. Nadeem requested a loan from Kiva’s field partner, BRAC Pakistan. He will use the loan to buy a refrigerator and cold drinks to sell. In this way, he will succeed in winning the trust of his customers and getting more income at the same time. His family's needs are growing day by day; with the additional income he will earn by using the loan he could easily cope and handle critical situations, too. M. Nadeem is very thankful to Kiva and hopes that the Kiva lenders will support him.
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