A loan of $925 helped a member to buy mobile phone cards.

Iqra's Group's story

Iqra baji is the wife of A. H. R. and lives in a place named Yadgar of the city Lahore, Pakistan. She has been living in this place for the last 14 years. She is the mother of six chidren: four daughters and two sons. All of her children are enrolled in a local school in her neighborhood. Iqra baji’s husband runs a PCO, having 10 years' experience there. Iqra baji herself runs an academy where she teaches students of different subjects. Iqra baji is an educated lady and completed her education till 10th standard. She successfully repaid her first loan from Asasah (a microfinance institute of Pakistan). Now she is applying for a loan to buy mobile phone cards for her husband’s PCO.

She is joined in her loan group by a few more members. Kishwar baji wants a loan to buy leather to resell. Fozia baji wants a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle). Bushra baji wants a loan to buy a lathe machine. Zeenat baji wants a loan to buy flour for her bread-making 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: Iqra, Kishwar, Fozia, Bushra, Zeenat

Loan details

Lenders and lending teams

Loan details