In fact her husband drives an auto rickshaw which does not belong to him; he has to pay a daily fee to the owner of the auto rickshaw. To avoid the daily fee and to improve his daily income he decided to buy new vehicle to drive. But he is still short of some amount to buy the new vehicle.
Therefore, Nabeela requested a loan from Kiva’s field partner BRAC Pakistan, so that her husband can buy a new auto rickshaw.
Nabeela hopes that this loan will work out positively and her husband will have success buying his new auto rickshaw. In this way her monthly income will increase and her savings as well.
Shakeela is very thankful to Kiva and to its field partner BRAC Pakistan.
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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Success!! The loan was 100% repaid