Check out some available loans that are similar to this one!
Rafaq Hussain
Rafaq Hussain is 34 years old. He is an energetic young man living with his spouse, daughter, and elderly parents in the rural area of Lahore, Pakistan. His forefathers and relatives have been selling meat for many years. Butchery is a traditional work; he learned the art of slaughtering animals and dividing the carcass from his father. He earns a reasonable income for his entire family.

In the beginning he was purchasing small quantities of beef from the market and selling them for very reasonable rates in his town from his butcher shop. The customers were upset by stale beef for many days and he does not want to compromise his reputation and the quality of his product. This is the reason he wants to produce fresh beef and wants to buy a bull calf for producing more beef to sell. Unfortunately, he does not have enough cash in hand.
For this reason, he contacted BRAC Pakistan, a Kiva field partner. After understanding all of the procedures, he has requested a Kiva loan so that he can buy a bull calf.

He hopes that this loan will prove productive and beneficial for his butcher shop. Now he can easily produce fresh and healthy beef and he can maintain constant quality for his valued customers. He thanks 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

  • $3,004
    Average annual income
  • 242
    View loans »
    Pakistan Loans Fundraising
  • $14,178,125
    Funds lent in using Kiva
  • 105.0
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Rafaq Hussain to buy a bull calf for producing meat to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2014
Listed
Mar 1, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 19, 2015