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M. Akmal
M. Akmal is a 42-year-old, married man, living in the area of Lahore, Pakistan. He is the father of a son and daughter.

He is very hard-working and honest person. He owns a small restaurant in which he offers types of delicious foods. He offers breakfast, lunch, and dinner to the common people. He has been running this restaurant for many years, generating reasonable income for his family. He cooks delicious food for the restaurant and the people like to eat from his restaurant.

The condition of his restaurant is not good, scratched walls, low sitting arrangements, a dark room, and there is no electricity available. The customer has to face these problems and they feel hesitation to come inside the restaurant. He does not want to disappoint his valued customers.

M. Akmal wants to establish his restaurant in the form of a redecorated restaurant. He wants to paint the walls, provide electricity, and buy new plastic furniture and new crockery. Therefore, M. Akmal requested a loan from Kiva’s field partner, BRAC Pakistan, so that he can maintain his restaurant in good condition and it can be attractive.

M. Akmal thanks Kiva and appreciates the warm support from his supporters.

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
  • 156
    View loans »
    Pakistan Loans Fundraising
  • $13,278,425
    Funds lent in using Kiva
  • 105.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,625 helped M. Akmal to paint the walls, provide electricity, and to buy new plastic furniture and crockery.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2014
Listed
Jan 21, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2015