Kubra Rasheed Ahmad Group

Kubra baji is a 27 year old married lady who has resided in a city named Arifwala, Paksitan, for the past 7 years. Her husband, Rasheed ahmad, runs a Punjabi food business, with 10 years experience. He has a good reputation in the community. She has two daughters. Both of her daughters help her in her clothes sewing business. Kubra baji taught them to sew clothes and now they are independent at sewing. She is applying for a loan to buy material (lentils, cooking oil, flour and spices) to expand the Punjabi food selling business of her husband.

She is a group leader of some other women of her locality. Bashiran baji wants a loan to buy vehicle wheels to resell. Saleem baji wants a loan to buy animals (goats) for her animal selling business. Salma baji wants a loan to buy a buffalo for her milk selling 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

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