A loan of $1,200 helped a member to buy medicines for a clinic.

Farida's Group's story

I am Farida M., a mother of four children, three of whom attend school and one who is mentally challenged. I have lived with my family in the mid-sized city Faisalabad, Pakistan, for the last 13 years. I am also a health worker in a clinic. I am borrowing for the first time from the microfinance institute Asasah to buy medicines for my clinic. The other women who would like to borrow in my group are: Nasreen A., who will use the loan to expand her husband’s crockery store where he sells tea pots; Safdari B., whose son sells chicken meat; Razia M., who will pay off the remaining installments of a loan on their rickshaw; Asiah B., who will invest her share of the loan to expand their furniture store; and Tahira R., who is borrowing for her husband’s grocery store.

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: Farida, Nasreen, Razia, Asiah, Tahira, Safdari

Loan details

Lenders and lending teams

Loan details