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Iqbal
Iqbal is a 51-year-old active borrower of BRAC Pakistan, residing in Sialkot, Pakistan. He is a guardian of his family and responsible for managing the entire household. He has three children. Iqbal owns a general store where he sells a variety of consumer items and other accessories.

Iqbal needs to buy different types of inventories of consumer goods and other items. Due to some financial constraints, he is unable to buy these items for his business. Therefore, Iqbal has applied for a Kiva loan from its field partner BRAC Pakistan. With the help of this loan he can easily purchase the items mentioned above to fulfill his business needs so that he can earn more income and expand the size of his business.

Iqbal is very thankful to Kiva and BRAC Pakistan.

Additional Information

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 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
  • 201
    View loans »
    Pakistan Loans Fundraising
  • $14,215,100
    Funds lent in using Kiva
  • 98.7
    Pakistan Rupees (PKR) = $1 USD
Expired
A loan of $1,025 helped Iqbal to buy different types of general consumer items for resale.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 21, 2014
Listed
May 31, 2014
Currency Exchange Loss:
Possible
Expired:
Jun 30, 2014