Financial services
Karobar Finance
A household loan for women and men running income-generating businesses.
About Karobar Finance
Loans are extended for income-generating and business activities. It is a household loan provided to women and men in handicraft, commerce and trading, manufacturing and the services sector.
- Handicraft
- Commerce and trading
- Manufacturing
- Services
- Loan amount
- PKR 30,000 – 150,000
- Tenure
- 12–18 months
- Repayment
- Equal monthly instalments
- Lending
- Individual
Eligibility and terms
Who can apply, and on what terms
Eligibility criteria
- Aged 18 to 63 years
- Holding a valid CNIC
- Permanent resident of the local area
- Positive creditworthiness under JWS Pakistan's criteria
Terms
- Lending methodology
- Individual
- Guarantee
- Guarantor required / post-dated cheque
- Loan repayments
- Equal monthly instalments
- Tenure
- 12–18 months
- Loan insurance
- Client and spouse credit life insurance
Terms as published by JWS Pakistan. Final amounts and terms depend on the assessment at the branch.