Haleema Aslam Masih's Group

Haleema baji is the wife of Aslam Masih, and she lives in an area of the city of Lahore known as Walton in Pakistan. She owns a two-room brick, which she has lived in for the last 20 years. Moreover, she is the mother of three daughters, all of whom are enrolled in a local school in her neighborhood. Haleema baji's husband is a painter by profession: he paints doors, walls of houses, and big buildings. In fact, he has been in this business for the last 15 years. Haleema baji, meanwhile, is a cook by profession, and she cooks in several houses. She is applying for a loan in order to buy tools (e.g., paint brushes and paints) for her husband's business.

She is joined in her loan group by the following group members: (1) Shamim baji, who seeks a loan to buy furniture for her clinic; (2) Parveen baji, who requests a loan to buy clothes to resell; and (3) Reeta Robert baji, who is in need of a loan to buy materials (e.g., cosmetics and face polishes) for her parlor.

This is a group loan. As such, the loan funds will be distributed among the group members, each of whom will invest in her own business. Importantly, the group members mutually guarantee each other's loans; thus, if one member does not repay her portion of the loan, then the other members are responsible for the arrears.



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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