Karobar Qarza
JWS Pakistan “Karobar Qarza”
Loans are extended for income generating/business activities. It is a household loan provided to women and men in the fields of handicraft, commerce and trading manufacturing and for services sectors etc.
PRODUCT DESCRIPTION
Loans are extended for income generating/business activities. It is a household loan provided to women and men in the fields of handicraft, commerce and trading manufacturing and for services sectors etc.
ELIGIBILITY CRITERIA
• Age between 18-63 years
• Holding valid CNIC.
• Permanent resident of the local area
Positive credit worthiness as per “JWS Pakistan” criteria.
LENDING METHODOLOGY
• Individual
GUARANTEE
• Guarantor required/Postdated cheque
TENURE
• 12-18 months
LOAN REPAYMENTS
• Equal Monthly Installments
LOAN AMOUNT
• Minimum PKR- 30,000.
• Maximum PKR-150,000.
LOAN INSURANCE
• Client and Spouse credit life Insurance