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This product is designed for micro credit graduated clients who are ambitious to expand their businesses for subsequent level. Loan range is PKR. 40, 000 to 150,000 and duration of this loan is 1.5 year. The borrowers under this program make repayment of their loans through cheques. These loans are extended in the fields of commerce, petty trading, handicraft, manufacturing and livestock etc.
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| Enterprise Development Facility (EDF) |
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| Product Features |
Details |
| Product Name |
Enterprise Development Facility (EDF) |
| Product Type |
Individual Based |
| Product Description |
Provide loan facility to small entrepreneurs for the development of their enterprises. |
| Age: |
18 – 60 years, |
Income: |
monthly income less than Rs.9000 |
| Loan Eligibility Criteria |
Permanent resident of the locality Two time Graduate from micro credit loan,
Computerized CNIC Holder |
| Loan Amount |
PKR 40,000 / 1,50,000 |
Tenure |
18 Months |
| Repayments |
Monthly |
| Collateral |
Social+ Post dated cheque against loan amount l |
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