Zahida M. Yaseen Group
Zahida baji is the mother of three kids: two daughters and one son. All of her kids are getting an education from a school which located near their house. Zahida baji is a very hard-working lady. She knows the value of hard work. She keeps herself busy sewing clothes. She takes orders from her neighbors and her relatives. She does this work to pay the school fees of her kids. She successfully repaid two loans from Asasah (a micro-finance institute of Pakistan). Now she is applying again for a loan to buy livestock to expand her husband’s animal-selling business.
She is the group leader for some more women from her locality. Bushra baji wants a loan to buy utensils to sell. Taj baji wants a loan to buy repair-tools for her workshop. Amna baji wants a loan to buy a buffalo for her milk-selling business. Another Amna baji wants a loan to buy wood to 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