Since 2009, Khursheed has been running a lace selling shop, which is the only source of income for the family. Currently he is interested in purchasing some of the latest variety of laces to grow his business, but finds it difficult due to financial constrains. Khursheed has requested a loan amount of 100,000 PKR from Kiva's partner BRAC Pakistan. This will not only help him to grow his lace selling business but will increase his net income and savings as well. He hopes to provide a quality education for his children. He is very thankful to Kiva and BRAC Pakistan.
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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 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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