Small loan is a product which is offered to a female entrepreneur only. The core objective of this product is to empower the women in the country so that they can contribute to the economy effectively.
The key features of this loan are:
• The loan is for expansion of small businesses only.
• Helps underprivileged to overcome the dependency on moneylenders.
• Develops a self-help mentality and self-employment capacity of the entrepreneurs.
• Makes the underprivileged communities self-reliant through involving in income-generating activities.
| Target Customer | Women Entrepreneur |
| Running Business Experience | 2 Years & Above |
| Loan Size (1st loan) | PKR 30,000 – 60,000 |
| Yearly Increment | Maximum PKR 20,000 |
| Maximum Loan Limit | PKR 150,000 |
| Maximum Loan Exposure | Overall Loan Exposure (CIR) PKR 250,000 |
| APR | 53.67% |
| Other charges, Loan processing/documentation/Insurance fee | NIL |
| No. of instalments | 12 |
| Processing time for (1st loan) | Within seven days |
| Age limit | 18 – 60 Years |
| Repayment Mode | 4th Weekly |
| Collateral requirement | Not required |