Sakina Ghulam Nabi Group

Naziran baji wants a loan to buy groceries for her grocery shop.

Nasreen baji and Anwar baji each want a loan to buy groceries for their grocery shops.

Sakina baji is the group leader for the above-mentioned ladies and a citizen of a city named Borewala, Pakistan for the past 10 years. Borewala city is famous for its shrines. Her husband's name is Ghulam Nabi and he runs a construction supplies business. He gets orders from building contractors and earns a profit. He has been doing this work for the past 5 years.

Sakina baji runs her embroidery business to earn income. She gets orders from her neighbors and relatives. She does this work so she can save for a rainy day. She is applying for a loan to buy construction supplies so that her husband can complete the orders of his customers.

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