Check out some available loans that are similar to this one!
Ali
Ali is 24 years old active borrower of BRAC Pakistan. He lives in Karachi, Pakistan. He has been working as tailor for many years, he is responsible to fulfill the needs of family.
He needs new sewing machine for sewing pents and shirts, but due to insufficient financial means He is unable to purchase the sewing machine and its accessories. Therefore he has applied for Kiva loan from its field partner BRAC Pakistan. This loan will enable him to buy new sewing machine and also helpful for him to increase monthly sales and profit by providing better sewing services.
Ali is very thankful 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

  • $3,004
    Average annual income
  • 184
    View loans »
    Pakistan Loans Fundraising
  • $13,644,600
    Funds lent in using Kiva
  • 97.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Ali to buy new sewing machine for his business purpose.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2014
Listed
Apr 1, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2015