Shakooran Barkat Ali's Group

Shakooran baji is a wife of Barkat Ali and has lived in Arifwala, Pakistan for the past 30 years. She is the mother of one daughter and four sons. Her eldest son is a motor mechanic. Her second eldest son in 7th standard, her third son is in 5th standard, and her youngest son is free and doesn’t do anything. Her daughter reads in 3rd standard. Her husband belongs to the agriculture profession.

Shakooran baji is a housewife and prefers to do household work and take care of her family. She is applying for a loan to buy tools for her son to use to repair vehicles.

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.

The loan group has three other members: Bahishtan baji, Parveen baji, and Haseena baji each want a loan to buy vegetables and wheat to resell.





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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