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Farzana
Farzana is a 31-year-old woman, living with her five children and spouse in the area of Lahore, Pakistan. Farzana’s husband has been driving an auto rickshaw and pays daily rent because this rickshaw does not belonging to him. He belongs to an ultra poor family and has been supporting his children. Now his children are growing older and their needs grow as well. He decided to buy his own rickshaw so he wouldn't have to pay daily rent.

Farzana has been making savings for many days to buy a new auto rickshaw for her husband, but at the time of purchasing some money became short. Therefore, Farzana requested a loan so that her husband can buy a new rickshaw with the contribution of savings. She hopes that now her husband would be able to gain more income because now he will not pay daily rent to anyone. Farzana is very happy after taking this loan; she thanks Kiva and its 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
  • 178
    View loans »
    Pakistan Loans Fundraising
  • $13,512,575
    Funds lent in using Kiva
  • 109.0
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Farzana to buy a new auto rickshaw.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2013
Listed
Dec 5, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014