| Products Description | |
|---|---|
| Purpose | LOLC Hunermand Khatoon Qarza shall be extended to females for managing their existing business OR establishing new business. Loan purposes such as small scale Business set ups, Milking, Animal farming, Beauty Parlour, Academy, School, Small Shops, Handicraft, Fruit shop and decoration shop, Event management, Cosmetics, Garments, Hotel etc |
| Eligibility Criteria | With annual income (net of business expenses) up to Rs. 1,200,000/- as per SBP guideline |
| Product Nature | Individual Loan |
| Loan Range | Rs. 35,000/- to Rs.100,000/- |
| Loan Term | 3 Months to up to 24 Months without grace periods |
| Repayment Mode | Equal Monthly Instalments (EMI), Structural Monthly Instalments, Bullet Payments |
| Collateral | Two Personal Guarantors |
| Documents Required | 1.CNIC copy of Customer & Next of Kin. 2. Valid CNIC Copy of Guarantors. 3. Utility Bill preferably electricity of business place/residence OR any other document proving the ownership. (Customer/Guarantor-as per the requirement). |
| Who Can Avail | Any one running her own business within the age bracket of 18 – 60 years with at least one year experience in relevant field (for existing business) and for new businesses, customer should have relevant skills & experience. |
Our team is always at the your service and we look forward to receiving your enquiries. Please feel free to contact us using the details below or send us your email address to receive information about our products and services.
LOLC Microfinance Bank was formerly known as Pak Oman Microfinance Bank Limited (the Bank).The Bank was incorporated on 09 March 2006 as a public limited company under the Companies Ordinance, 1984 (repealed with the enactment of the Companies Act, 2017 on 30 May 2017) and was licensed by the State Bank of Pakistan (SBP) on 12 April 2006.
UAN:
021-111-115-652
Phone:
+92-21-34300381-85
Registered Office address:
Park View Plaza, Bearing 6300-Near Hotel Royal Palace, Jhelum Road, Chaklala Cantt, Rawalpindi.
The proper handling and protection of personal information is an important social responsibility. As a result, LOLC Microfinance goes above and beyond to ensure that clients’ personal information is used appropriately and protected by industry standard security methods.
