Nowadays, Ijaz Ahmed needs to build a new cowshed for his cattle because the current one is in very poor condition. He does not have enough money to rebuild the shed or to buy fodder to feed his cattle.
Thus, Ijaz Ahmed has requested a loan from Kiva’s field partner BRAC Pakistan so that he can build a new cowshed and continue his business. He has to maximize his savings so that he can fulfil his responsibilities. He thanks Kiva and field partner, BRAC Pakistan.
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 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