Earlier, he was selling bakery items in large quantity, but according to the customers' demand, he wants to offer rice, sugar, flour, etc. also. He does not want to refuse any product and disappoint any of his respected customers. He wants to offer all those products that are necessary and consumable in daily routine. In this way, he will successfully win the trust of his customers and increase his income as well.
Therefore, Rafiq Masih requested a loan from Kiva’s field partner BRAC Pakistan, so that he could buy the sacks of rice, sugar and flour. He is very glad after taking this loan and hopeful that he will successfully fulfill each request for any item and prevent the disappointment of his customers.
Rafiq Masih is very thankful to Kiva’s field partner BRAC Pakistan, and he assures that he will pay all due installments on time and 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