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Mr. Gulzar is a 51-year-old, honest man who is working hard to meet his family's needs. His family includes ten children and a housewife. They are living in a remote area of Punjab, Pakistan.

Gulzar has been running a jewelry shop for 33 years. He is running his business very honestly as a result of which his clients are very happy with his services.

Gulzar has requested a loan amount of PKR 120,000 to expand his business. He wants to renovate his shop completely and add more space to his shop since the current space is too congested. He would also purchase a modern locker.

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
  • 376
    View loans »
    Pakistan Loans Fundraising
  • $16,478,525
    Funds lent in using Kiva
  • 98.5
    Pakistan Rupees (PKR) = $1 USD
A loan of $1,225 helped Gulzar to expand the jewelry shop business.
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 22, 2013
Jun 3, 2013
Currency Exchange Loss:
Jul 3, 2013