Shamim Rahmat Masih Group

Shamim baji also helps him in his wood-selling work. They divide the work hours between themselves. Shamim baji sells wood in the shop in the morning and her husband sells wood in the evening. Shamim baji is the mother of two sons. Her elder son runs a salon and the other has a mobile phone shop. Shamim baji successfully repaid her two loans from Asasah (a micro-finance institute in Pakistan). Now she is applying for a loan to buy more wood to expand her wood-selling business.

She is the group leader for some more women from her locality. Farzana baji and Shabana baji each want a loan to buy groceries for their grocery shop. Parveen baji wants a loan to buy wood to re-sell. Fozia baji wants a loan to buy seasonal fruit for her fruit-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