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Mughal Masih
Mughal Masih is a very hard-working and active borrower with Kiva's partner, BRAC Pakistan. He is 46 years old and lives in Lahore, Pakistan, with his family. His family includes a decent and responsible housewife, four sons, and three daughters. He owns a small clothing shop, in which he sells old and used clothes. He collects used clothes from different areas, and makes differently-designed, useful items for selling, such as ladies' dresses, curtains, and pillow covers. He has been running this business for ten years and cherishing his whole family. He speaks with monotonous tone, which is impressive, and he easily wins the trust of others. Due to his behavior and tone, he has built up very good relationships with his customers. Due to good relationships, his sales have increased a lot, but he does not have sufficient stock to cope with the demand.

With the increase in demand he considers it necessary to grow the business. But the lack of capital is the major problem for him. Therefore, Mughal Masih took a loan for his business. With the help of this loan, he will purchase more clothes for his business. Mughal Masih thanks Kiva and the field partner, 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
  • 213
    View loans »
    Pakistan Loans Fundraising
  • $14,215,100
    Funds lent in using Kiva
  • 98.6
    Pakistan Rupees (PKR) = $1 USD
Expired
A loan of $1,525 helped Mughal Masih to purchase more clothes for resale.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2014
Listed
Jun 1, 2014
Currency Exchange Loss:
Possible
Expired:
Jul 1, 2014