For 15 years, Farzana has been running a beauty salon, and she wants to purchase some more cosmetic products and chairs for her beauty salon. For that reason, Farzana is a member of an three-person lending group that has requested a loan from Kiva partner BRAC Pakistan.
On getting a profit, first of all she will repay the loan amount to Kiva and than she wants to build a new room in the salon, as the space in the salon is very congested. She hopes that her business will grow even more and she is very much thankful to both BRAC and Kiva.
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