His shop is situated in a well-populated area and many customers are available here to buy miscellaneous general-store items. He wants to cope with the demand successfully, but for this purpose some stock is required. He wants to offer all those products which are necessary and consumable in the daily routine. In this way, he will be successful in winning the trust of his customers and will increase his income as well.
He wants to offer additional items such as bread, jam, a few stationery items, soft drinks, and ice cream. But he does not have enough money to buy the described items.Therefore, Kashif Ali requested a loan from Kiva’s field partner, BRAC Pakistan, so that he would be able to buy additional items such as bread, jam, stationery items, soft drinks, ice creams, etc.
He is very glad after taking this loan and hopeful that he will be successful in fulfilling each request for any item and can abstain from the disappointment of his customers. Kashif Ali is very thankful to Kiva’s field partner’s BRAC Pakistan, and he assures us that he will pay all installments due in his first loan with regularity
More information about this loan
This loan is part of BRAC Pakistan's effort to provide credit to entrepreneurs seeking to expand their small businesses. These are individuals who have limited access to loans because their requests are too large for typical microfinance, and they lack the collateral to borrow from commercial banks. By funding this loan, you will enable a small business owner to provide new services and create new employment opportunities.
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