Refinance and Credit Guarantee Scheme for Women Entrepreneurs in Underserved Areas
Eligibility:
Women Entrepreneurs in underserved areas
Purpose of Finance:
Business Expansion / Setting up of new business
Pricing /Service Charges
5% per annum flat
Finance Limit
Rs.100,000/- to Rs.1,500,000/-
Security:
Personal Guarantee of Borrower herself
Third party guarantee or any acceptable security may also be offered
Nature of Loan :
Term Finance repayable in equal installments
Tenor:
Maximum 5 years including grace period upto 6 months for Principal installments
Mode of Repayment:
Monthly/Quarterly installments
Basic Documentation:
- Loan Application
- Feasibility
- Financials /Cash flow projections
- Stock Report
- Bank Statement
Loan available from all Authorized branches in underserved areas
Refinance arrangement: As per SBP Scheme’s SOPs available at below link
http://www.sbp.org.pk/smefd/circulars/2017/C5.htm
http://www.sbp.org.pk/smefd/circulars/2018/CL2.htm
Definition of underserved areas:
For List of districts excluded from definition of under served areas as defined by SBP :
Click Here
*Terms and conditions apply.
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