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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.

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
  • 212
    View loans »
    Pakistan Loans Fundraising
  • $17,686,425
    Funds lent in using Kiva
  • 103.6
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,950 helped Hafeez to buy bearings to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 20, 2013
Aug 30, 2013
Currency Exchange Loss:
Sep 17, 2014