To grow his business, income and differentiate from the competitors he decided to offer some additional stylish spare parts, engine oils and some ordinary spare parts to sell. He hopes that this strategy will work positively and the customers will attract towards his new products.
He cannot act upon his strategy without some capital, so he has requested a kiva loan through Kiva’s field partner BRAC Pakistan because the BRAC provides the facility to empower the poor.
M. Asghar is married and he has to look after his young children and old parents as well but he hardly spends time with them due to his business.
M. Asghar is tension free after receiving this loan because the BRAC showed him a beam of hope in the darkness. He is very thankful to the kiva and field partner’s 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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Success!! The loan was 100% repaid