Kaniz Bashir Ahmad Group
"I got married in the age of 16 to a man named B. A. who is a cobbler by profession. I am the mother of five children: four sons and one daughter. My first two sons are involved in a decorative embroidery business. The third is a tailor. The youngest works in a factory. I help my sons in their decorative embroidery business. We all three make embroidered clothes and sell them in clothing shops. We have been doing this work for the past 10 years. I am applying for a loan to buy an electric sewing machine to make embroidered dresses.
"I am the group leader for some more women from my locality. Sabra and Samina and Sharifan and Naheed baji each want a loan to buy buffalo for their milk-selling businesses. Sajida baji wants a loan to buy fertilizer to re-sell."
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