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Riaz Bibi
Riaz Bibi is 47 years old, a married woman and mother of nine children. Her husband is a driver by profession and provides transportation services using his auto rickshaw. He has been driving a rickshaw for many years to meet the family's expenses, but now it requires proper maintenance to keep it in its functional routine.

For this reason, Riaz Bibi has applied for a loan from Kiva’s field partner BRAC Pakistan, for her husband. He wants to buy new tires and do a little bit of engine maintenance for his vehicle. This will help him drive more smoothly and provide better transport service to his passengers. She is hopeful that this loan will be a productive one for her husband and will bring positive changes to his business.

Riaz Bibi thanks Kiva and its field partner BRAC Pakistan.

Additional Information

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 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
  • 311
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 98.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Riaz Bibi to maintain an auto rickshaw.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2014
Listed
Apr 7, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015