Rubina Iqbal Raza Yousaf Group

Rubina Iqbal baji is 43 years old and a married lady and citizen of a city named Lahore, Pakistan for the past 10 years. Her husband's name is Raza Yousaf and he drives a local 32-seat bus. Rubina baji is the mother of one son whose name is Mosa Raza and he reads in 4th standard. Rubina baji runs a beauty salon in her house. She has a good number of customers. Mostly customers consist of her neighbors. She is applying for a loan to buy cosmetics and a hair dryer for her beauty salon.

Rubina Iqbal baji is the group leader for another four women from her locality. Nargis baji and Walayat baji each want a loan to buy cosmetics for her salon. Naseem baji wants a loan to buy cloth and colored thread for her boutique. Nasreen baji wants a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle).

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