Asia Muhammad Ramzan Group

Asia Baji is applying for a loan to buy supplies like lentils, cooking oil and spices for a Punjabi food selling business. Her husband, Muhammad Ramzan, sells Punjabi foods in the community. People give him orders for family functions such as marriages and birthdays. Asia Baji helps him by preparing the food. They have been citizens of the city of Chichawatni, Pakistan for the past 15 years.

Farzana Baji wants a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle).
Zubaida Baji wants a loan to buy tools for a motor workshop.
Razia Baji wants a loan to buy fruit to sell.
Shabana Baji wants a loan to buy bangles to sell.

Asia Baji is wearing a black shawl in the photo. The other members of this group are seated around her. Shabana Baji is showing her bangles in this photo.

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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