He has been running this business for many years and using expensive tools for repairing, which have gotten too depreciated. He wants to replace these tools with new ones, but he does not have money to buy new tools. Therefore, Shehnaz requested a loan from Kiva’s field partner BRAC Pakistan so that her husband would be able to buy new repairing tools and some spare parts for repairing motorcycles. Shehnaz says thank to Kiva and to its field partner BRAC Pakistan.
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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