Currently, he is going through some serious issue. He wants to replace the current stock with the new variety, with the change in trends. However, due to financial constraints, he finds it difficult. As he doesn't have new variety to offer, this results in the decrease of the number of customers as well.
Rashid has requested a loan from Kiva's partner BRAC Pakistan to purchase a variety of new cloths to purchase from different areas and sell in the market at a profitable price.
He is thankful to Kiva and BRAC Pakistan for their support.
More information about this loan
BRAC Pakistan focuses its work in some of the most underdeveloped parts of Pakistan, characterized by poor infrastructure and high levels of poverty. By supporting this loan, you are enabling access to finance for borrowers living in some of Pakistan's poorest areas.
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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