Irshad M.yunas Group

Irshad Baji is the wife of M. Yunas and lives in Kot Radha Kishan, about 24km from Kasur, Pakistan. She completed schooling through the 8th standard. She owns a two-room brick house in which she has lived for 25 years. She has seven children: three daughters and four sons. Her two oldest sons work in a cotton factory. Two boys attend school. One is in the 10th standard, and the youngest son is in 2nd standard. Her elder daughter is in 10th standard, and her youngest daughter is in 6th standard. Her husband works in a railway station.

Irshad Baji runs a dairy business to help meet expenses and operates this business independently. She uses her income to pay her children's school fees, and her husband contributes his income toward house expenses. She successfully repaid five previous loans from Asasah (a microfinance institute of Pakistan). Now she is applying for another loan to buy a buffalo.

She is the leader of a group of women also seeking loans. Majidan Baji and Naheed Baji each want a loan to buy goats for resale. Razia Baji and another Razia Baji each want a loan to buy buffalo for their dairy businesses.

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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