Prime Minister of Pakistan  has announced Qarz-e-Hasna Scheme For Vulnerable rural and urban poor.

Nawaz Sharif Youth Program

Qarz-e-Hasana or the microfinance loan facility is aimed at helping the industry raise current access level of 2.5 million people to 5.0 million in the next 5 years.

Eligibility criteria:

Vulnerable rural and urban poor with a poverty score of up to 40.

Focus on women:

It is believed that increased economic participation by women can play a significant role in national development. In an attempt to encourage the same, 50% of loans will be given to female borrowers.

In addition, independent economic activity will empower Pakistani women both socially and in terms of finances.

Geographical spread:

The national outreach of the scheme would not be limited in geographic terms. However, preference would be given to limited and un-served areas.

This is aimed at engaging the population of these areas in greater economic activity and strengthening the process of development there.

Pricing:

It is Qarz-e-Hasana or interest free loan. Therefore, no mark-up would be charged.

Size and number of loans:

250,000 loans of an average amount of Rs.25,000 would be disbursed as part of the scheme.

 

Government Grant 2013-14:

Rs.3.5 billion have been allocated to the scheme by the Federal Government.

Executing agency:

PPAF would be the central executing agency of the scheme. Enlisted partner organizations and community organizations that have necessary expertise and experience will be engaged in the process.

De-centralization in the process of execution implies greater transparency and increased efficiency.

Recycling:

To make the fund sustainable, borrowers will be encouraged to return the loan. The amount returned will be deposited to the permanent fund available to the community and be used for future lending.

In addition, the process will introduce the borrowers to conversion from being “takers” to “givers” that implies positive social and financial effects.

HOW TO APPLY

You can apply in PM’s Scheme for Provision of Qarz e Hasna as per eligibility criteria mentioned below. The federal cabinet has already given approval to all these initiatives.

Therefore only eligible candidates should apply for this program

Prime Ministry Youth Program Qarz-e-Hasna Scheme Application Form

Click Here
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24 Comments

  1. jameel akhter says:

    when this scheme will be started? and how to apply?

  2. haseeb naz says:

    I need this loan so i request plZ .

  3. zuhaib ahmad says:

    if the updates about loans will be available here i need 300000 for starting my own business

  4. Kifayat ur Rahman says:

    yytiytoyuoyuoyuyu

  5. BABAR MAHMOOD says:

    REQUIRED PM LOAN APPLICATION

  6. M Rizwan khan says:

    I have done my M.Sc in GeoPhysics with the grace of ALLAH in Pakistan top class QAU.I request to the conccern authority ,please give me the qarz e hasana so that i will menage my studies and it will also a source of financial assistance for me. I shall be very thankful to you.
    Regards : M Rizwan khan

  7. BILAL says:

    salam.Govt hmesha awam k ly achi achi scheme nikalti ha mgr govt ka nichla tabka is scheme ko fail krny ka sbab bnta ha.ye ministrs,secretries,or elaqai satah pr 100% ye schemes sayasi ban jaten hain.or is se sirf ba asar tabka,ameer zady or govt offiesors k reshty dar faida uthaty han.iski misal mazi me small buisiness corp.yellow cab taxi hain.is schemes se govt of pak ko jo loss hoa wo aj b awam se taxes me lia jata ha.faut hoy afrad ka name pr b krzy nikaly gay.koi pochny wala nhi.
    Is ly me ezat mand prime minister ko request krta hon ka tamam mustahiq afrad ka record online site per khud b monitor kia kryn or pakistan k awam b is ko check kr skyn ta k shakayat online site per note krskyn.or govt k tmam wo afrad jo in shemes me currupt paya jay un k ly b sakht laws k ijraw kia jay.shukrya

  8. Johny says:

    No application form available………

  9. rana muhammad anwar sultani says:

    NAIKI AUR POOCH POOCH KAR

  10. RANA MUHAMMAD SHAHID says:

    SANOUN V YAAD RAKHIYO..

  11. ASGHAR ALI NAQSHBANDI says:

    KOI GAL BAT HAI V A K NAI

  12. YOUNAS NAQSHBANDI says:

    KAM TAY THEEK A PAR UMEED NAI

  13. Sajid ur Rehman says:

    Kindly send me the application form on my this very email id.
    thanks

  14. Ali Akbar says:

    The youth of Pakistan will expand his business and transparency should must be maintain

  15. Muhammad Dawood says:

    I have done my M.Sc in Information Technology with the grace of ALLAH in Pakistan top class university .I request to the conccern authority ,please give me the qarz e hasana so that i will menage my studies and it will also a source of financial assistance for me. I shall be very thankful to you

  16. Rab Nawaz Anjum says:

    I have done my intermediet in Electrical technology with the grace of ALLAH in Pakistan top class from pbte.I request to the conccern authority ,please give me the qarz e hasana so that i will menage my studies and it will also a source of financial assistance for me. I shall be very thankful to you.
    Rab Nawaz Anjum
    0347-7009217

  17. Abdul Majid 03336004128 says:

    I need this loan Kindly send me the application form on my this email id.
    thanks

  18. faisal khan says:

    please send me the application form on this email id very urgent

  19. Sir I have finish my study & now i ready for starting my own business so please help me in this task.
    Thanks & Regards
    Fida Hussain Shah

  20. I m very thank full for Prime Minister of Pakistan to introduce YOUTH Program for poor & needy peoples.
    Sir i m also part of them so kindly provide me this loan for starting my own business.
    Thanks & Regards.
    Javed Ali Shah

  21. salu says:

    when this scheme will be started? and how to apply?

  22. zahidaqyyum says:

    sir ,i need laptop boht acchi scheme hai par humhe umeed hai k ap apne promise ko pora bhi kreenge ap apni zemedari se inn scheme ko injaam denge .

  23. Mahreen says:

    Sir, I have completed my MSC Economics. Now I need qarz-e-hasna to start my academy.so please send me an application form on my email address.thanks

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