A loan of $1,200 helped a member to buy more wooden sticks for re-sale.

Naseem M. Manzoor Group's story

Naseem baji is the wife of Manzoor A. and lives in a city named Chichawatni, Pakistan. She is the mother of four children: two sons and two daughters. She owns a two-room brick house and has been living in it for the last 5 years. Naseem baji's husband sells wooden sticks in various places as well as his community. He has been in this work for the last 3 years. Naseem baji successfully completed her first loan from Asasah (a microfinance institute of Pakistan). Now she is applying for a loan to buy more wooden sticks to expand her husband's business.

She is joined in her loan group by several more members. Zareena baji wants a loan to buy an auto-rickshaw (a local three-wheeled vehicle). Salma baji wants a loan to buy a donkey cart. Kalsoom baji wants a loan to repair her auto-rickshaw (a local three-wheeled vehicle). Nishan baji wants a loan to buy more wood to re-sell.

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: Naseem, Zareena, Salma, Kalsoom, Nishan

Loan details

Lenders and lending teams

Loan details