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Arslan
Arslan is 26 years old active borrower of BRAC Pakistan. He lives in Hyderabad, Pakistan; He has been running his own shop of cosmetics for past four years.
He want to purchase different kinds of cosmetics for reselling purpose, but due to insufficient financial resources he is not in suitable position to buy above these merchandises to fulfill the business needs. Therefore he has applied for Kiva loan from its field partner BRAC Pakistan. This loan amount will enable him to buy these items so that he can fulfill the demands of his regular customers.
On this financial support Arslan is very grateful to 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

  • $4,700
    Average annual income
  • 257
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 97.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,550 helped Arslan to buy different types of cosmetics for his business purpose.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2014
Listed
Apr 1, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2015