Prime Ministers Youth Business Loan Program
Brief Description | Small business Loans will focus on (but will not be restricted to unemployed youth, especially educated youth looking for establishing or extending business enterprises. |
Eligibility criteria | a) All Men/Women holding CNIC
b) Aged between 21 and 45 years with entrepreneurial potential to apply from designated branches mapped with area of residence/business. |
Security Requirements | One Guarantor |
Permissible Collaterals | Business hypothecation |
Focus on women | 50% of loans will go to women borrowers. |
Brief Description | Small business Loans will focus on (but will not be restricted to unemployed youth, especially educated youth looking for establishing or extending business enterprises. |
Eligibility criteria | a) All Men/Women holding CNIC
b) Aged between 21 and 45 years with entrepreneurial potential to apply from designated branches mapped with area of residence/business. |
Permissible Collaterals | Business hypothecation |
Focus on women | 50% of loans will go to women borrowers. |
Focal Organizations:
- Small and Medium Enterprises Development Authority (SMEDA) http://www.smeda.org/
- National Bank of Pakistan (NBP) http://www.nbp.com.pk/PMYBL/index.aspx
- First Women Bank Ltd (FWBL) http://www.fwbl.com.pk/?page_id=5447