Check out some available loans that are similar to this one!
M. Shahbaz
M. Shahbaz is a 34-year-old married man who lives with his spouse and five children in the area of Lahore, Pakistan. He owns a car rental business in which he provides motor cars on rent to the general public, especially for wedding ceremonies. He also provides services as a guide for tourists and shows them the historical places by driving a motor car in Lahore, city. He has been doing this work for many years. To carry out his work, he has to stay at the shop to deal with the general public. He has only one car to provide services; he wants to buy another new car to cope with the demand but due to the high cost he is unable to purchase one.

Therefore, M. Shahbaz has requested a Kiva loan through BRAC Pakistan, so he can buy an additional car with the contribution of his savings. In this way he will be able to provide better services and can generate sufficient income to cherish his family members.

This will be his first loan with Kiva, and he hopes that with your cooperation he will be able to carry out his plans. He promises to make his payments on time.

M. Shahbaz thanks to Kiva and field partner, BRAC Pakistan.

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

  • $4,700
    Average annual income
  • 271
    View loans »
    Pakistan Loans Fundraising
  • $14,718,825
    Funds lent in using Kiva
  • 104.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped M. Shahbaz to buy a car for car rental services.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2014
Listed
Feb 20, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 19, 2015