Hafizan Talib Hussain's Group

Hafizan Baji is a widow of Talib Hussain. She lives in a small city named Arifwala in Pakistan. She owns a two room brick house. She is a mother of five children. She has three sons: Hassan, who is in the 3rd standard grade, Rashid Ali who completed eight grades of education and started a flower business, and Kashif, who also completed eight grades of education and is a salesman. Hafizan’s two daughters are Sania, who is 17-years-old and is in the 10th standard grade, and Bushra, who is 15 years old and in the 6th standard grade. Hafizan is a housewife. She applied for this loan for her son’s flower business.

She has been joined in her group by a few more members. Nazia Baji wants a loan for her utensils' business. Kaneez Baji wants a loan for her wheat business. Rukhsana Baji wants a loan for her plastic bottles business. Haleeman Baji wants a loan for her medical clinic.

This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her 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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