A loan of $1,050 helped a member to buy old warm clothes for thread selling business.

Kosar Parveen Zafar Iqbal Group's story

Kosar parveen baji has been a citizen of Multan, Pakistan for the last 10 years. Multan city is famous for its handmade items and for its shrines. Kosar baji is an uneducated lady who couldn’t get an education because her parents couldn’t afford the education expenses due to little financial resource. She married a man whose name is Z. I. and he works in a factory for a monthly wage. Kosar baji is a very hardworking lady. She helps her husband by selling thread. She buys old warm clothes and pulls the thread out from them. Then she washes them and makes a roll. This process takes her a whole day. She sells the thread rolls to the thread sellers and earns an income. Her husband feels proud of her. She is applying for a loan to buy more old warm clothes to increase the profit of her business.

She is the group leader of four other women from her locality. Nazir begum baji and Samina begum baji each want a loan to buy material (cloth, colored thread and sketches) for their decorative embroidery business. Haseena baji wants a loan to buy cigarettes to sell. Sardaran mai baji wants a loan to buy a buffalo for her milk selling 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.

In this group: Kosar Parveen, Nazir Begum, Samina Begum , Haseena , Sardaran Mai

Loan details

Lenders and lending teams

Loan details