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This program is for the small entrepreneurs. SME offers a bigger amount, from PKR.100, 000 to 300,000 (Three hundred thousand) to the small entrepreneurs. The main objective of this program is to help the entrepreneurs so that they can expand their own business and also create employments for the extreme poor. Duration of this loan is 2 year. The borrowers under this program make repayment of their loans through cheques. These loans are offered for specific business clusters i.e. Cutlery, Furniture and Garments manufacturing.
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Small & Medium Enterprise Loan (SME) |
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| Product Features |
Details |
| Product Name |
Small & Medium Enterprise development Loan (SME) |
| Product Type |
Individual Based |
| Product Description |
Promotion of medium & small scaled enterprises by targeting specified business clusters i.e. cutlery, furniture and guarments manufacturing. |
| Age: |
18 – 60 years, |
| Income: |
Income: monthly income less than Rs.15,000
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| Loan Eligibility Criteria |
Permanent resident of the locality
Computerized CNIC Holder |
| Loan Amount |
PKR 100,000 / 300,000 |
Tenure |
24 Months |
| Repayments |
Monthly |
| Collateral |
Social+ post dated cheque against loan amount |
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