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Wajid Hameed
Wajid Hameed is a 39-year-old businessman, who has 12 years of experience in selling goods. He has two children and a wife. He is the sole supporter of his family. Currently he is trading some household items, like washing powder and soaps, which are used in every home. But, due to lack of a proper display space and shop, he works from his home. Because his selling is home-based, he doesn't have enough customers.

Now he has requested a loan amount of PKR 120,000 in order to purchase a shop, so he can start a proper retail business. With the help of this loan amount, he will buy cartons of soap and washing powder at wholesale price, which would be less costly. With the first profit, he is planning to introduce new products, like rice and various food items, in his shop. By doing this he will make his business profitable, which would be beneficial for his business as well as for his family.

Additional Information

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 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.

About Pakistan

  • $4,700
    Average annual income
  • 246
    View loans »
    Pakistan Loans Fundraising
  • $17,714,550
    Funds lent in using Kiva
  • 98.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Wajid Hameed to open up a new retail shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 13, 2013
Mar 21, 2013
Currency Exchange Loss:
Apr 16, 2014