A loan of $1,950 helped to buy bearings to sell.


Hafeez's story

Hafeez is a 47-year old married man living in the area of Lahore, Pakistan. He has been selling vehicle bearings since 1993. He buys steel bearings from the market in large quantities from a wholesaler at a low price, then sells it at a higher price as a retailer. He buys good quality bearings because he does not want to lose his reputation in the market.

He is the father of seven children; it is very difficult to afford the educational expense and household expenses as well. He is doing his best to fulfill all the needs of his family members.

He wants to prove himself a successful father; he is required to provide them with good food, health, and education. He needs to earn additional income to support his family well. He is in his second loan cycle with BRAC Pakistan; he has been investing his previous loan in the same business.

Currently he has requested a loan to buy more bearings so that he could increase his sales. He expects a boost in his earnings, and wishes to spend part of the profits on the expansion of his business.

Hafeez is very thankful to Kiva and its field partner, BRAC Pakistan.



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Loan details