Ghulam Fatima M. Idress Group

Ghulam Fatima baji is a 40 year old married lady, and a citizen of a city named Arifwala, Pakistan for the past 15 years. Her husband's name is M. Idress who has a utensils selling business, which he has done for the past 20 years. Ghulam Fatima baji helps her husband by selling utensils in the community. They both are very happy with each other. She is applying for a loan to buy more utensils to expand her husband’s business.

She is a group leader of some more women of her locale. Hafizan baji wants a loan to buy groceries for her grocery shop. Safia baji wants a loan to buy material (lentils, cooking oil and spices) for her food 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

Subscribe