A loan of $1,425 helped a member to improve and expand their respective businesses (e.g., by purchasing a motorbike and other materials).

Nusrat's Group's story

Nusrat baji is the wife of A. N., and she has lived in the city of Chichawatni in Pakistan for the last 20 years. She owns a two-room brick house, and she is the mother of five children: four daughters and one son. Her oldest daughter is married, and her next oldest daughter completed her education though the 8th standard (grade) level. She has already successfully repaid two loans from Asasah (a microfinance institute of Pakistan), and she is now applying for a loan for her husband. More specifically, A. N. has a business of buying and selling motorbikes, so he is seeking to expand his business by purchasing another motorbike.

She is joined in her loan group by the following individuals: (1) Zubaida baji, who seeks a loan to expand her food business; (2) Parveen baji, who requests a loan to buy a sewing machine; (3) Nasreen baji, who is in need of a loan to expand her paint business; and (4) Sugran baji, who would like a loan to buy, grow, and sell wheat.

This is a group loan. As such, the loan proceeds will be distributed among the group members, each of whom will invest in her own business. Further, the members mutually guarantee each other's loans; therefore, if one member does not repay her loan, the other members are responsible for the arrears.

In this group: Nusrat, Zubaida, Parveen, Nasreen, Sugran

Loan details

Lenders and lending teams

Loan details