A loan of $1,525 helped to buy the latest, up-to-date electrical components for vehicles to sell.

M. Shahid's story

M. Shahid is an auto electrician by profession and owns an auto electric spare parts shop in the area of Lahore, Pakistan. He lives near his shop. M. Shahid is married. His wife is a stay at home mother with four children and his parents also live with them. But he hardly gets to spend time with them, as he has a hectic business.

His shop is situated in the vehicle spare parts market and it is challenging for him to sell his products with such fierce competition. This competition highly affects his daily sales. To increase sales and abstain from the competitors, he decided to offer some additional new, updated electric spare parts. He hopes that this strategy to upgrade his business will work positively and the customers will be attracted to his newly introduced products. He cannot act upon his strategy without some additional capital. Therefore, he has decided to request a loan from Kiva’s field partner BRAC Pakistan. He believes that this loan will help him implement this strategy to overcome the ongoing competition in the market.

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Loan details