Shabana Shahzadi M. Khalid Group

Shabana Shahzadi Baji is 29 years old, married, and has been a citizen of a historical place called Yadgar of the famous city of Lahore in Pakistan for the past three years. Shabana Baji is an educated lady. She completed her education through the tenth standard. Her parents always felt proud of her because she was a brilliant student in the class. She married a man named M. Khalid who has a Punjabi food (biryani) selling business. “Biryani” is a dish made from rice and chicken meat. Pakistani people are fond of this dish. He has been doing this business for the past ten years. Shabana Baji is a very devoted and caring wife. She helps her husband in preparing this dish. She is applying for a loan to buy material (rice and meat) to expand the biryani selling business.

Shabana Baji is a group leader of other women in her locality. Razia Baji wants a loan to buy another motorbike for their rented motorbikes business. Irshad Baji wants a loan to buy cosmetics for her parlor. Rashida Baji wants a loan to buy artificial jewelry to sell.

This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in their own businesses. 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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