Azmat M. Ali Group
Azmat baji is a wife of M. A. and lives in a city named Borewala in Pakistan. She owes a two-room brick house that she has been living in for the past forty years. She is the mother of seven children: five sons and two daughters. Her first three sons are auto-rickshaw (a local three-wheeled motor vehicle) drivers. Her youngest son is in 5th standard. Her elder daughter is eleven years old and her younger daughter is two years old.
Azmat baji’s husband is a daily wage laborer. Azmat baji helps him meet the house expenses so they don’t feel so much burden. She sews clothes and prepares embroidered dresses. She has successfully repaid her two loans from Asasah (a microfinance institute of Pakistan). Now she is applying for a loan to start a new business of snooker games for her husband because it’s a high demand game for children.
She is joined in her loan group by a few more members. Afshan hussain baji and Naziran begum baji each want a loan to buy a buffalo for their milk-selling business. Safia begum baji wants a loan to buy wood to resell. Naseem Akhtar baji wants a loan to buy cigarettes to resell. 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