Muniran Ali Ahmad Group
She is a very hardworking lady. She helps her husband to improve the financial condition of their family with her business. She knits clothes. Her husband works in a workshop.
They have two sons. Both of her sons help their father in repairing vehicles in the workshop.
Muniran baji successfully repaid her first loan from Asasah (a microfinance institute of Pakistan). Now she is applying for a loan to buy tools to start a motor workshop for her husband and her sons so they can have their own shop.
She is joined in her loan group by a few more members. Shamim baji wants a loan to buy chicken for her chicken selling business. Asia parveen baji wants a loan to buy tools for her bicycle repair business. Kaneez baji wants a loan to buy items such as chairs and tables for her barber saloon. Haleema baji wants a loan to buy groceries for her grocery shop.
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