Karobar Qarza

JWS Pakistan “Karobar Qarza”

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

PRODUCT DESCRIPTION

JWS Pakistan “Karobar Qarza” Loans are extended for income generating/business activities for a variety of purposes. 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
• Group basis

GUARANTEE

•Social Collateral/ postdated cheques.

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