Her son is a blacksmith; he manufactures iron accessories for doors and windows to be used in houses. He has been providing door to door services to weld broken accessories.
A few days ago his welding plant went out of order due to overheating and it needs to be replaced with a new one. He wants to buy a new welding plant but he does not have money due to a lot of household expenses.
Therefore, Misbah has requested a loan from BRAC who is an active field partner of Kiva, so that her son will be able to buy a welding plant and additional iron accessories for manufacturing.
Misbah thanks Kiva and 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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Success!! The loan was 100% repaid