Naseem Akhtar Muhammad Khalid Group

Shamim Akhtar baji wants a loan to buy costume jewelry to sell.

Rubina baji wants a loan to buy a donkey cart to transport loads.

Shahida baji wants a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle).

My name is Naseem Akhtar and I have been living in a city named Borewala, Pakistan for the past 8 years. Borewala is famous for its shrines. My husband's name is Muhammad Khalid and he deals with the garment-selling business. I also embroider clothes as a business. I prepare embroidered clothes and sell them in the cloth shops and earn an income. I save part of my income for a rainy day and use part of it for daily needs. I am applying for a loan to buy garments for my husband’s garment business.

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