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Ijaz Ahmed
Ijaz Ahmed is a 38-year-old energetic man living with his family in the area of Multan, Pakistan. He has been running a dairy farm for many years and generating income for his family. He sells milk to retailers and to the people of his community. He milks his cows twice a day, while his wife and daughters produce cheese, yoghurt and butter. With the addition of these products, the family earns a sufficient income to run their household.
Nowadays, Ijaz Ahmed needs to build a new cowshed for his cattle because the current one is in very poor condition. He does not have enough money to rebuild the shed or to buy fodder to feed his cattle.
Thus, Ijaz Ahmed has requested a loan from Kiva’s field partner BRAC Pakistan so that he can build a new cowshed and continue his business. He has to maximize his savings so that he can fulfil his responsibilities. He thanks Kiva and field partner, 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
  • 295
    View loans »
    Pakistan Loans Fundraising
  • $13,759,750
    Funds lent in using Kiva
  • 105.2
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Ijaz Ahmed to buy building material for the construction of a cowshed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2014
Listed
Feb 15, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2015