He has been working as a cobbler for 25 years. But, his monthly net income is inadequate to meet the household expenses. He is in need of more material for his shop, but due to lack of funds, he finds it difficult.
He has requested a loan of 100,000 PKR from Kiva's partner, BRAC Pakistan, to purchase leather, resin, thread, and glue for stitching shoes.
He is very thankful to Kiva and BRAC Pakistan.
More information about this loan
BRAC Pakistan focuses its work in some of the most underdeveloped parts of Pakistan, characterized by poor infrastructure and high levels of poverty. By supporting this loan, you are enabling access to finance for borrowers living in some of Pakistan's poorest areas.
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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Success!! The loan was 100% repaid