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Rizwan
Rizwan is 39 years old, married and the father of two children, living with his family in Rawalpindi, Pakistan. Since 2001, he has been running a business of selling blankets and bedsheets, which is the only source of income for his family.

Currently he is in need of expanding his business by adding more bedsheets and blankets. Due to financial constraints he finds it difficult, so he has requested a loan of PKR 100,000 from Kiva's partner, BRAC Pakistan. This will not only help him to grow his business, but will increase his net income and savings as well. He wants to provide a quality education for his children. He is very thankful to Kiva and 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.

Tags

About Pakistan

  • $3,004
    Average annual income
  • 150
    View loans »
    Pakistan Loans Fundraising
  • $13,079,825
    Funds lent in using Kiva
  • 105.3
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Rizwan to buy bedsheets and blankets for his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2013
Listed
Jan 6, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015