Presently, he is interested in purchasing a variety of garments, including jeans, dress pants, shirts and t-shirts, to sell. However, due to the lack of financing, he finds it difficult. Therefore he has requested a loan amount of 150,000 PKR from Kiva's partner, BRAC Pakistan. With the profit, he will put aside some savings for the future. He is thankful to Kiva and BRAC Pakistan.
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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