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Shafiq is a 38 year old man. He lives in Lahore, Pakistan. He is a father of 6 children. He owns a furniture shop in the market which is the only source of income for the family. He sells chairs, tables, and beds in his shop.

Presently he is interested in offering more variety to his customers. This will help him increase his net income and savings as well. However, due to the lack of expenses he finds it difficult. Therefore he has requested for a loan from Kiva's partner BRAC Pakistan, so that he can purchase wood for manufacturing furniture. With the profit amount he wants to grow his business in the future. He is very thankful to Kiva and 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.

About Pakistan

  • $4,700
    Average annual income
  • 208
    View loans »
    Pakistan Loans Fundraising
  • $17,686,425
    Funds lent in using Kiva
  • 98.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,525 helped Shafiq to purchase wood for manufacturing furniture.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 15, 2013
May 28, 2013
Currency Exchange Loss:
Jun 17, 2014