For many years her husband has conducted a shop in which he sells tires for vehicles. He is a very noble and honest person. He takes a very low profit over his sales price; this is the reason many people like to buy tires from him.
The people trust him, according to his good behavior. Most of the people borrow money several times and purchase goods on credit. Most of his customers pay back their debts on time, but some customers pay after a long time. His shop is going well and earning a sufficient amount to support his family.
Nowadays tire prices have increased a lot, so he could not buy his full stock to fulfill the demand of his valued customers.
Therefore, Shehnaz has requested a loan for her husband from Kiva’s field partner, BRAC Pakistan, so her husband would be able to buy new tires and could keep continue his business smoothly.
Shehnaz says thank you to Kiva and to its field partner, BRAC Pakistan.
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.
This is a Group Loan
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Success!! The loan was 100% repaid