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M. Saqib
M. Saqib is a 26-years old man, living in the area of Lahore, Pakistan with his family. He works hard to provide better living standards to his family by selling gift hampers and decoration pieces. He purchases all gifts and decoration pieces from the market and then sells it to the general public. Most of the sales he made at festivals, occasions and on ceremonies. He has become famous by providing good quality gifts and has retained many customers. He earns enough money to support a decent life. During this tenure he experienced that most of his female customers demand for the beauty products a lot. This is the reason he decided to offer cosmetics products also with the gift hampers.

Therefore, he requested a loan from Kiva’s field partner so that he could offer beauty products also with gift hampers. This is his first loan and he assured us to pay all the installments on due time. He is very experienced in his business and confident that his business will move in a positive direction as a result of the loan investment.
He is very thankful to Kiva’s field partner’s 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.

About Pakistan

  • $3,004
    Average annual income
  • 154
    View loans »
    Pakistan Loans Fundraising
  • $13,462,325
    Funds lent in using Kiva
  • 107.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped M. Saqib to purchase beauty products to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2013
Listed
Nov 20, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014