Total loan: $1,325

Irshad Bano Israr Ahmad Group

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Mughalpura, Punjab, Pakistan / Food

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A loan helped To buy animals for a butcher shop.

Irshad Bano Israr Ahmad Group's story

Irshad bano baji is the wife of I. A. and has resided in the city of Lahore, Pakistan for the past 30 years. Irshad baji is the mother of three sons. Her elder son has a vegetable selling business. The middle son is an electrician. Her younger son runs a grocery shop. Irshad baji’s husband has run a butcher shop in the community for 5 years. Irshad baji keeps herself busy with a clothes sewing business. Her sewing activity gives her benefit of some income. She saves her income in a committee and plans to marry off her elder son with this committee savings account. She successfully repaid her three loans with Asasah (a microfinance institute of Pakistan). Now she is applying for a loan to buy animals (goats) for her husband’s butcher shop. Irshad bano baji is the group leader of four women from her locality. Shahida parveen baji wants a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle). Fahmida baji wants a loan to buy a molding machine. Raheela baji wants a loan to repair her vehicle named “shahzore”. Fozia baji wants a loan to buy animals (goats) for her butcher shop. 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.