Dilshad is taking the loan for her son. In fact, her son drives an auto rickshaw. He has been driving the auto rickshaw for many years, using petrol which is very costly.
Due to an increase in the cost of petrol, he sold his old rickshaw and wants to buy a new CNG (compressed natural gas) rickshaw. With the contribution of savings and the selling price of the old rickshaw, he is still short of the amount needed to buy a new CNG rickshaw.
Therefore, Dilshad contacted Kiva’s field partner, BRAC Pakistan. Through the loan, her son will buy a CNG rickshaw, so he can minimize the fuel expense and increase his income.
Dilshad seems very happy after taking this loan. She gives thanks to Kiva and its field partner, BRAC Pakistan.
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 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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