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Shahid
Shahid is a very hardworking and active borrower of BRAC Pakistan. He lives in Karachi, Pakistan with his family. His wife is a responsible housewife and all of his children are students. Since 2002 he has been running a stationery shop, which is the only source of income for the family. Currently he needs to purchase a variety of products for his shop but he finds it difficult due to a lack of finances. Shahid has requested a loan from Kiva's partner BRAC Pakistan to purchase toner, books and a variety of stationery products for the shop. He wishes to provide quality education for his children. He is very thankful to all the staff of Kiva and 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
  • 155
    View loans »
    Pakistan Loans Fundraising
  • $13,432,675
    Funds lent in using Kiva
  • 98.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,550 helped Shahid to purchase toner, books and a variety of stationery products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2014
Listed
Apr 1, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2015