He has been producing milk and breeding from his buffaloes. His production of milk and his breeding procedure have been effected because he is unable to cope with the demand.
Tariq Mehmood wants to buy a buffalo to keep his income constant but he has already invested all his savings into the expenses of his dairy farm. He does not have sufficient cash in hand to buy a buffalo to continue his business smoothly. Therefore, Tariq Mehmood requested a loan from Kiva’s field partner BRAC Pakistan, so he would be able to purchase a new buffalo for his business. He hopes that lenders will support him and this loan will prove productive for his business as well.
He is very impressed with the Kiva loan cycle system; he is thankful to the lenders.
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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