Najma Parveen Noor Muhammad Group

Najma Parveen baji is a citizen of a mid-size city named Vehari, Pakistan for the past 11 years. Najma baji is married to a man whose name is Noor Muhammad and he is a butcher by trade. He sells particularly chicken meat. He runs a shop in the main market of Vehari. People come to him to buy chicken meat because his scales are very fair. Najma baji is applying for a loan to buy more chickens to sell as chicken meat.

Najma baji is the group leader for three other women from her locality. Ishrat baji wants a loan to buy thread to sell. Naseem Kosar baji wants a loan to buy furniture (chairs and tables) for her tutoring center. Kosar baji wants a loan to buy ingredients (lentils, cooking oil, and spices) for her food-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

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