SME Qarza

JWS Pakistan “SME Qarza”

JWS Pakistan “SME Qarza” serves the increased credit needs of clients, who want to expand their enterprises to increase sale and turnover.

PRODUCT DESCRIPTION

Loans are extended in the field of commerce trading, manufacturing, handicraft, services etc. resulting livelihood improvement and income generation. For
• Business expansion
• Asset purchase
• Purchase of stock/inventory
• Working Capital

ELIGIBILITY CRITERIA

• Age between 21-63 years
• Holding valid CNIC
• Business experience of minimum of 2 years
• Permanent resident of the local area
• Positive credit worthiness as per “JWS Pakistan” criteria

LENDING METHODOLOGY

• Individual

GUARANTEE

• Social Collateral/ postdated cheques/ Agreement deeds (ownership documents)

TENURE

• 12 -to-36 months

LOAN REPAYMENTS

• Equal Monthly Installments

LOAN AMOUNT

• Minimum PKR- 200,000.
• Maximum PKR-500,000.

LOAN INSURANCE

• Client and Spouse Credit Life Insurance