Mustafa needs to buy a new sewing machine and cloth in bulk. Due to financial constraints, he is unable to buy these items that will fulfill his business needs. Therefore, he has applied for a Kiva loan from field partner BRAC Pakistan.
With the help of this loan he will purchase these items for his business so that he can earn more profitable income. Mustafa is very thankful to Kiva and BRAC Pakistan for this financial support.
More information about this loan
This loan is part of BRAC Pakistan's effort to provide credit to entrepreneurs seeking to expand their small businesses. These are individuals who have limited access to loans because their requests are too large for typical microfinance, and they lack the collateral to borrow from commercial banks. By funding this loan, you will enable a small business owner to provide new services and create new employment opportunities.
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