Anonymous Group

Naseem baji has been a citizen of a city called Arifwala, Pakistan for the past 20 years. Her husband's name is Muhammad Khan and he works in animal husbandry. He fattens goats and sells them at the animal market. His hard work gives him good income. His customer list consists of butchers because they prefer to buy naturally bred animals.

Naseem baji also helps him by taking care of his goats. She is applying for a loan to buy animal feed so that her husband can complete the orders from his customers and earn more income.

She is the group leader for four other women from her locality. Naziran baji wants a loan to buy groceries for her grocery shop. Another Naziran baji wants a loan to buy a lathe. Parveen Akhtar baji and Sajida baji each want a loan to buy bakery items (biscuits and chips) to sell.

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.

Note: Naseem baji is seated third from the right in this photo.




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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