Khalida Parveen M. Ameen Shahzad Group

Khalida parveen baji is 51 year old married lady and a citizen of Lahore, Pakistan for the past 27 years. Her husband’s name is M. Ameen shahzad and he has a scrap business. He 5 years experience in this business.
Khalida baji has two sons and her sons work with their father. Khalida baji is an older lady, so she spends most of her time in the house and does household work and takes care of her family. She successfully repaid her three loans from Asasah (a microfinance institute of Pakistan). Now she is applying again for the fourth time to buy scrap for her husband’s scrap business.

She is the group leader of three other women from her locality. Shaheen baji wants a loan to buy vehicles oil to sell. Jamila kosar baji wants a loan to buy a donkey cart for loading. Azra baji wants a loan to buy spare parts to sell.

This is a group loan. The loan funds will be distributed among the group members. Each of the women will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.





About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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