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Karim
Karim is a 35-year-old married man. He is an active borrower of BRAC Pakistan. He lives in Rawalpindi, Pakistan with his family. His wife is a very hardworking and responsible housewife. Since 2005, Sharif has been in the business of selling natural herbs, which is the only source of income for the family. Currently, he is interested in purchasing one more shop to grow his business but finds it difficult due to financial constraints. Sharif has requested a loan amount of 100,000 PKR from Kiva's partner, BRAC Pakistan. This will not only help him to grow his milk selling business but will increase his net income and savings as well. He hopes to provide quality education for his children. He is very thankful to Kiva and BRAC Pakistan.

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.

Tags

About Pakistan

  • $3,004
    Average annual income
  • 130
    View loans »
    Pakistan Loans Fundraising
  • $13,074,775
    Funds lent in using Kiva
  • 105.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Karim to buy a shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2013
Listed
Jan 9, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015