Shah Gul's Group
Shah Gul baji’s husband makes spare parts for vehicles with a lathe. He has been in this business for the past 20 years. Shah Gul baji is a housewife who prefers to do household work and take care of her family.
Shah Gul baji successfully repaid two previous loans from Asasah, a microfinance institute in Pakistan. Now she is applying for a loan to buy another lathe to expand her husband’s business.
She is joined in her loan group by four more members. Shamim baji and Shabana baji each want a loan to buy tools to repair vehicles for their motor workshop. Zainab baji wants a loan to buy car wheels to resell. Najma baji wants a loan to buy a lathe.
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.
Note: Baji, which means 'older sister,' is a term of respect for women in Pakistan.
This is a Group Loan
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Success!! The loan was 100% repaid