Zari Khud Kafalat Qarza

JWS Pakistan “Zari Khud Kafalat Qarza”

JWS Pakistan “Zari Khud Kafalat Qarza” provides to strengthen the economic base of the low-income farmers, through their increased access to easy and cost-effective financial services,

PRODUCT DESCRIPTION

JWS Pakistan “Zari Khud Kafalat Qarza” provides to strengthen the economic base of the low-income farmers, through their increased access to easy and cost-effective financial services, capacity building initiatives and upstream/downstream markets.

ELIGIBILITY CRITERIA

• Household annual income less than Rs. 500,000
• Age between 20-60 years
• Holding valid CNIC
• Land cultivation 5-7 acre
• Cultivation experience of minimum of 2 years
• Permanent resident of the local area
• Positive credit worthiness as per “JWS Pakistan” criteria

PURPOSE OF LOAN

• Preparation of land and purchase of input supplies i.e. seeds, fertilizer, pesticides, diesel and herbicides etc for Rice and Wheat crop.

LENDING METHODOLOGY

• Group basis

GUARANTEE

• Social Collateral/ post dated cheques

TENURE

• 5-7 months

LOAN REPAYMENTS

• Lump sum bullet installment on crop harvest

LOAN AMOUNT

• Minimum PKR- 50,000
• Maximum PKR-150,000

LOAN INSURANCE

• Loan Insurance in Case of Death / Permanent Disability