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Shahid
Shahid is a 38-year-old married man living in the area of Lahore, Pakistan along with his family. He is the father of three sons and two daughters. He owns a chicken sales shop in the market. He has been running his chicken shop for the last 10 years. Shahid buys chickens from the wholesaler and sells them in his shop to the customers. His number of clients increases due to his good attitude towards his clients. Shahid is the sole earner of his family, so he wants to increase his income. In this way he would be able to meet his family's requirements. He is a very honest shop keeper. He behaves politely to people.

Shahid wants to buy broilers to sell at his chicken shop to improve his living standard. For the development of his business, he needs a loan. So he made contact to BRAC Pakistan who issued him a loan for his chicken sale shop. Shahid 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
  • 160
    View loans »
    Pakistan Loans Fundraising
  • $13,425,575
    Funds lent in using Kiva
  • 98.5
    Pakistan Rupees (PKR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,850 helped Shahid to buy more chickens for his chicken sales shop.
82% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 9, 2014
Listed
Jun 1, 2014
Currency Exchange Loss:
Possible