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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Site last updated December 11, 2018 @ 11:06 am

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