Funded

Total loan: $1,000
Powered by 32 lenders

Fatime Begum Ramzan Ali Group

Pakistan
Mumtazabad, Pakistan / Home Products Sales

A loan of $1,000 helped a member to buy crockery to resell.


Fatime Begum Ramzan Ali Group's story

Fatime begum is a 33-year-old married lady and has resided in a city named Multan, Pakistan, for the last 11 years. Her husband's name is R. A. and he sells crockery in Multan shops. He has been doing this business for the last 9 years.

Fatima baji is the mother of four kids: two daughters and two sons. All of her children are getting education from a school which is located near to the house. Fatima baji is a very devoted lady. She reduced the financial burden on her husband by making embroidered dresses. Her husband is very happy with her and feels proud. She used her income to pay off the school fees of her children.

She successfully repaid her first loan from Asasah (a microfinance institute of Pakistan). Now she is applying for a loan to buy crockery to expand her husband’s business.

She is the group leader of some more women in her locality. Maqsoodan baji wants a loan to buy material (thread, elastic, cloth) for her band-making business. Naseem baji wants a loan to buy ingredients (lentils, cooking oil and spices) for her food selling business. Khatoon baji and Sakina baji each want a loan to buy thread to resell.

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: Fatime Begum , Maqsoodan , Naseem , Khatoon , Sakina
*not pictured


Loan details

Loan length:

13 months
Disbursed date: February 3, 2009

Lenders and lending teams



Loan details

Loan length:

13 months
Disbursed date: February 3, 2009