A loan of $2,050 helped to buy a buffalo for dairy farm.


Tariq Mehmood's story

Tariq Mehmood is a 41-year-old, married man, living in the area of Lahore, Pakistan, along with his family. He is the father of three sons and two daughters. He is a cattle trader and does most of his trading from within his home area. He breeds cattle in his yard as well and sells the bull calves to the butchers. He has to feed the calf for one or two years until they have grown up and are healthy, which is a very lengthy and expensive procedure. He also trades buffaloes as well. He buys buffaloes at a low price and sells them to the people at a profit.

He has been producing milk and breeding from his buffaloes. His production of milk and his breeding procedure have been effected because he is unable to cope with the demand.

Tariq Mehmood wants to buy a buffalo to keep his income constant but he has already invested all his savings into the expenses of his dairy farm. He does not have sufficient cash in hand to buy a buffalo to continue his business smoothly. Therefore, Tariq Mehmood requested a loan from Kiva’s field partner BRAC Pakistan, so he would be able to purchase a new buffalo for his business. He hopes that lenders will support him and this loan will prove productive for his business as well.

He is very impressed with the Kiva loan cycle system; he is thankful to the lenders.



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Loan details