Interest Free Business Loan Program a.k.a Rozgar Scheme

Program Owner: Col (R) Mushtaq Ahmad


Program Type: Social Services

Focus Group: All

Start Date: Jan 01,2001

End Date: Dec 31,9999

Location: Rawalpindi, Pakistan

Contact Person: Col (R) Mushtaq A.

Updates


Program Description

Help needy persons to start their own business by providing interest free loan (qard e hasna).

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Goals and Objectives
One more person was given loan to start business in Musa Khel, Dera Ghazi Khan. 32 people were given interest free loans. Out of these 20 are in Sind and 12 in Rawalpindi & Abbottabad districts. They have started their own business. The recovery from some has become slow; we are perusing them to pay back the remaining amount early. 

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Program Activities

Grant cash loan to requested person for starting his/her business

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Program Coordinators

Col (R) Mushtaq Ahmad

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Admission Requirements

An application showing details of business idea, proof of financial situation and two references to confirm the information.

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Program Cost
None

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Current Program Needs

More funds can help grant more loans to needy persons stand their own feet

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Success Criteria

Independent business owner not only help their own families but also help create employment opportunities for others.

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Interest Free Business Loan Program a.k.a Rozgar Scheme

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