Ali is requesting a loan from BRAC Pakistan, which he will use to buy a new variety of cloth to sell as he has a limited stock to offer for customers. He believes the added stock will increase his sales. With the help of this loan, he can expand his business resulting in an increase in his net income and savings.
Ali wants the bright future of his child. With the profit, he would pay the educational expenses of his child.
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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