Shahnaz Akhtar Mazhar Hussain Group
Shahnaz baji is a very hard-working lady. She sews clothes for the sake of sharing the financial burden of her husband because his income is very small. From the amount she makes, she pays the school fees of her children and relieves her husband of these expenses. Shahnaz baji successfully repaid two loans from Asasah (a micro-finance institute oin Pakistan). Now she is applying again for a loan to buy thread for her husband’s thread-selling business.
She is the group leader for some more women from her locality. Kishwar Sultana baji and Kosar Parveen baji each want a loan to buy a sewing machine for sewing clothes. Parveen Akhtar baji wants a loan to buy material (colored thread and sketches) for her carpet-weaving business. Lal baji wants a loan to buy cosmetics 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