Irshad Begum M. Sharif Group
Irshad baji is a very responsible lady. She helps her husband at the family business, making sweetmeats. She has successfully repaid her first loan from Asasah (a microfinance institute of Pakistan). She is applying again for a loan to buy materials (sugar, cooking oil and dry fruits) to expand her husband’s sweetmeat business.
She joined her current loan group with several women in her local community, all of whom are seeking to expand their family businesses. Sugran baji wants a loan to buy clothes for her clothes selling business. Atharan baji wants a loan to expand her sweetmeat selling business. Maryam baji wants a loan to buy another buffalo for her milk selling business. Ashran baji wants a loan to drive an auto-rickshaw (a local three-wheeled motor vehicle).
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