Naseem Zahoor Ahmad Group

Naseem baji is a wife of Zahoor ahmad who has lived in a city named Multan, Pakistan for the past 10 years. Multan city is famous for its shrines. Her husband is a driver by profession. He drives a rented auto-rickshaw (a local three-wheeled motor vehicle). He is a very hardworking man. He drives the vehicle day and night but he couldn't get the reward for his struggle. Naseem baji is a very soft and caring lady. She encourages her husband to fight against the circumstances and never get demotivated. She is applying for a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle) so that her husband gets the whole income of his struggle.

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