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Parveen
Parveen is the age of 52; she is the mother of three children. Her husband owns an electrician shop in which he sells electrical goods; he also provides services for repairing electric water motors and pumps. He binds the motors of washing machines, water pumps and ceiling fans. For this purpose he has to have a lot of copper cable coils, which are so expensive and out of his purchasing power.

Therefore, Parveen requested a loan from Kiva’s field partner BRAC Pakistan so her husband becomes empowered to buy copper coils to carry on his services. In addition, he wants some extra electric switches, bulbs, bulb holders, sockets, etc.

This is first loan for Parveen; she showed her wish to take a huge amount after this loan.

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
  • 146
    View loans »
    Pakistan Loans Fundraising
  • $13,462,325
    Funds lent in using Kiva
  • 105.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Parveen to buy copper coils for troubleshooting electric motors.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 30, 2013
Listed
Jan 7, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014