Check out some available loans that are similar to this one!
Rafiq Masih
Rafiq Masih is 48 years old and lives in the area of Lahore, Pakistan. He has been running a general store for many years near his house and the business is operating very well.

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.

Additional Information

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 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
  • 139
    View loans »
    Pakistan Loans Fundraising
  • $13,079,825
    Funds lent in using Kiva
  • 107.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,875 helped Rafiq Masih to buy sacks of rice, sugar and flour for the general store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 18, 2013
Listed
Nov 21, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014