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Shahid
Shahid is 44 years-old married man who lives with his six children and spouse near Lahore, Pakistan.

He has been troubleshooting electrical water pumps; his practice to buy scrap water pumps at low prices and after binding the motors, sells them for higher prices. To bind the motors; Shahid required copper wires in large quanties, which is very expensive.

He also wants to buy additional electrical goods to sell from his store.

He contacted Kiva's field partner BRAC Pakistan to buy copper cable coils, used water pumps and electrical goods for reselling.

Shahid hopes that Kiva lenders will support him. He is very thankful to Kiva, Kiva's lenders and 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

  • $3,004
    Average annual income
  • 198
    View loans »
    Pakistan Loans Fundraising
  • $13,658,475
    Funds lent in using Kiva
  • 98.7
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Shahid to buy copper wire coils, use water pumps and electrical goods.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2014
Listed
May 3, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015