Naseem Raheem Baksh Group

Naseem baji is a citizen of Multan, Pakistan. Her husband's name is Raheem Baksh. He runs a boutique in the clothing market. Naseem baji helps him by preparing embroidered dresses that he can display in the boutique. Naseem baji is applying for a loan to buy materials like cloth, colored thread and designs. Multan is famous for its shrines and for its sweetmeat. People come from different cities to Multan with the belief that their wishes will come true if they visit the shrines.

Naseem baji is the leader of a group with four other women from her locality. Sajida baji and Jamila baji both want a loan to buy similar embroidery materials for their boutique. Shabana baji wants a loan to buy a buffalo for her dairy business. Pathani baji wants a loan to repair her auto-rickshaw (a local three-wheeled motor vehicle).

This is a group loan. The loan funds will be distributed among the group members, each of whom 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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