Nazia Muhammad Nadeem Group

Nazia baji is the group leader of two other women. She is married to Muhammad Nadeem, who runs a cloth-selling business. He buys clothes from Lahore, a city famous for its varieties, and sells to his native city Kot Radha Kishan. Nazia baji is a very supporting lady. She stitches embroidered dresses on orders and, with the income earned, she pays off the utilities of her house. In fact, the other two members of her group also engage in the embroidered clothes business for the same purpose. She is applying for a loan to buy clothes for her husband’s cloth-selling business.

There is another Nazia baji in the group who wants a loan to buy peanuts to resell. Noreen baji wants a loan to buy wood to sell. They all belong to a city named Kot Radha Kishan in Pakistan.

This is a group loan and 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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