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Parveen
Parveen, age 27, is a responsible mother, and living happily in the area of Lahore, Pakistan. This is her first loan with the BRAC and Kiva.
Her husband owns a scrap shop; he deals with the scrap iron, aluminum, plastic bottles, and waste papers. He has been purchasing scrap goods from the common people and sells it to the recycling factories. Nowadays due to household expenses, he does not have the amount to buy scrap goods, and does not have scrap to sell to get money.

Therefore, Parveen requested a loan for her husband so that he can buy scrap goods, establish his enterprise, and make some savings to meet sudden needs or incidents.

She is very impressed with this honorable support, and shows her wish to take more loans after the payment of this loan. She thanks Kiva and it's field partner, 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
  • 232
    View loans »
    Pakistan Loans Fundraising
  • $13,714,025
    Funds lent in using Kiva
  • 108.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Parveen to buy scrap goods for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2013
Listed
Dec 1, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014