Saleem Javed Group

Saleem javed baji is a 43 years old married woman and resides in a city named Multan, Pakistan which is famous for its shrines. She was unable to receive an education due to her lack of financial resources. Her husband, Javed Sadiq, is a government employee. Saleem javed baji is the mother of seven children: five sons and two daughters. Her oldest son works in a factory. Another works in a general store. Her other children are receiving an education from a school which is located near their house. Saleem baji sells children's clothing which helps her husband meet the financial expenses of the family. She feels fortunate to be living in Multan because people come to buy clothes from different cities. She is applying for a loan to buy more clothes for her business.

Saleem javed baji is a group leader of some more women of her locality. Rukhsana baji is requesting a loan to buy calling cards to resell. Abida parveen baji is requesting a loan to buy medicines for her medical store. Rasoolan baji is requesting a loan to buy scrap for her scrap business.

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