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Akbar Ali
Akbar Ali is a 47-year-old man. He is a milkman by profession, and sells milk in his community. He has been selling milk for 20 years, and now he is an expert and experienced in his profession. He is very expert in getting milk from a buffalo; he gets milk from all his buffaloes in no time. He has many buffaloes; this is the reason he has to do very hard work to feed them.

He is taking a second loan, and he has been investing his previous loan in the same business. With the help of the last loan, he purchased a buffalo and has been getting benefits from that buffalo. He still wants to establish his business and wants to buy another buffalo so that he could increase his monthly income and savings as well. He manages his household necessities from his earnings from milk sales. He speaks with a monotonous tone that is impressive, and he easily wins the trust of his clients. He was in need of one buffalo to increase his income.

Therefore, Akbar Ali requested a loan from Kiva’s field partner BRAC Pakistan. He hopes that he will be able to buy a buffalo, and he will be succeeding to increase his monthly income and his herd as well. He 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.

About Pakistan

  • $4,700
    Average annual income
  • 259
    View loans »
    Pakistan Loans Fundraising
  • $14,499,975
    Funds lent in using Kiva
  • 96.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Akbar Ali to buy a buffalo for producing milk.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2014
Listed
May 1, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015