Total loan: $1,050

Nasreen Khanum Mansor Lal Khan Group

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Mughalpura, Punjab, Pakistan / Retail

Nasreen Khanum Mansor Lal Khan Group's loan finished fundraising,
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A loan helped To buy wood for shuttering business.

Nasreen Khanum Mansor Lal Khan Group's story

Nasreen khanum baji is fifty-two years old and has resided in a city named Lahore, in Pakistan, for the last twenty-five years. Lahore city is famous for its historical places and for its Punjabi foods. She is a widow with three sons. Her elder son operates a shuttering business and the others work as policemen. Nasreen baji operates a business sewing clothes, and she also embroiders dresses. She takes orders from her neighbors and charges them $2 per item. She is applying for a loan for her elder son because he wants to buy wood to increase his shuttering business. She is the group leader of four other women from her locality. Hajra baji wants a loan to buy material (tent, table covers and chairs) for her catering business. Farzana khatoon baji wants a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle). Anayatan baji wants a loan to buy bicycles' spare parts to sell. Faiz ilahi baji wants a loan to buy wood for her shuttering business. 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.