Kosar Bano M. Nadeem Group

Kosar bano baji is a 29 year old married lady who has lived Lahore, Pakistan for the past 28 years. Kosar baji is married to M. Nadeem, who has a decorative embroidery business. He prepares embroidered dresses and sells them at the clothing markets. Kosar baji is the mother of three children: two sons and one daughter. All of her kids are enrolled in school and getting an education. Kosar bano baji has a wish to give her children a good future but without education it is impossible. So, she sells bangles because they are popular with women who want to wear them for occasions and every day. She is applying for a loan to buy bangles for her bangle selling business.

Kosar bano baji is the group leader of five other women from her locality. Bilquis baji and Khursheed baji each want a loan to buy groceries for their grocery shops. Ayesha baji wants a loan to buy another snooker table for her game shop. Yasmeen baji wants a loan to buy clothes for her clothes selling business. Ghazala baji wants a loan to buy vehicles spare parts to sell.

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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