She fully repaid her three previous loans from Asasah (a microfinance institution in Pakistan) and now is applying for a loan to buy chairs, tables, and tablecloths for her husband's burger joint in order to provide his customers with a better service.
She is joined in her loan group by four other members: Rashida baji wants a loan to buy biscuits and sweets to resell; Asifa baji wants to buy utensils for her food business; Irshad baji wants to buy scrap (iron, papers, and plastic bottles) for her scrap business, and Shahnaz baji wants a loan to buy lentils, cooking oil, and rice 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.
This is a Group Loan
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Success!! The loan was 100% repaid