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Muzaffar
Mr. Muzaffar is a 48-year-old man who lives with his family in Lahore, Pakistan. Since 2005, Muzaffar has been running his own clothing business, which is a very successful business for his family. He is an active borrower of BRAC Pakistan. He sells a variety of ladies and gents un-stitched clothes in the market.

He has old stock in his shop, due to which his number of customers and sales are decreasing day-by-day.

Therefore he wants to replace the old stock of his shop with new stock. For that he has requested a loan for from Kiva's partner, BRAC Pakistan to purchase new varieties of ladies and gents clothings. This will help him to attract customers and to increase his sales and income. He is very thankful to Kiva and BRAC Pakistan.

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
  • 252
    View loans »
    Pakistan Loans Fundraising
  • $14,728,150
    Funds lent in using Kiva
  • 106.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Muzaffar to purchase a new variety of ladies and gents clothings.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 1, 2013
Listed
Nov 5, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014