A loan of $975 helped to buy cloth to sell.

Waqas's story

Waqas is a 33-year-old married man and the father to three children. His is living happily with his family in the area of Lahore, Pakistan.

Waqas owns a cloth shop in the market; he sells fancy and high quality cloth. Some potential customers turn out to be quite poor, and they do not purchase after learning the price of Waqas' wares. He does not compromise upon his quality and rates and does not sell below a reasonable purchasing point, but at the same time he requests his customers and does not like to refuse them.

To win these customers' confidence and avoid having to turn them away, Waqas wants to start a low rate cloth stall in front of his shop. This will allow customers who do not have enough purchasing power to still buy cloth easily.

Waqas invests his savings and profit back into his current business but does not have enough money to start the new stall. For this purpose he wants financial help from Kiva, so he contacted Kiva's field partner BRAC Pakistan, who coordinates between Kiva and the borrowers.

Waqas is very delighted to have this opportunity and thankful to both Kiva and its field partner BRAC Pakistan.

Loan details

Lenders and lending teams

Loan details