Apna Karobar Qarza

JWS Pakistan “Apna Karobar Qarza”

JWS Pakistan “Apna Karobar Qarza” is a product for low income individuals undertaking income generating/business activities for a variety of purposes.

PRODUCT DESCRIPTION

JWS Pakistan “Apna Karobar Qarza” is a product for low income individuals undertaking income generating/business activities for a variety of purposes. Apna Karobar Qarza is a household loan provides for men and women in the fields of handicraft, manufacturing, trading or services activities etc.

ELIGIBILITY CRITERIA

• Household annual income less than Rs. 500,000.
• Age between 18-60 years.
• Holding valid CNIC.
• Residing or working in launching cities for at least 2 years.
• Positive credit worthiness as per “JWS Pakistan” criteria.

PURPOSE OF LOAN

• To meet the needs of working capital, assets maintenance and purchase of new assets.

LENDING METHODOLOGY

• Individual
• Group basis

GUARANTEE

• Social Collateral.

TENURE

• 12 months

LOAN REPAYMENTS

• Equal Monthly Installments

LOAN AMOUNT

• Minimum PKR- 30,000.
• Maximum PKR-100,000.

LOAN INSURANCE

• Loan Insurance in Case of Death / Permanent Disability