|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. 75,000/-|
|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.|