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.
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 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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Success!! The loan was 100% repaid