Islamabad; Prime Minister Nawaz Sharif today will inaugurate the loan scheme on easy terms. From this reference ceremony will be held in Prime Minister Secretariat. In which Minister of Finance Ishaq Dar, information Minister Pervaiz Rashid, chairperson of the loan scheme Maryam Nawaz, members of Parliament and famous personalities will participate.
Chairperson of Youth Program Maryam Nawaz is the daughter of Prime Minister Nawaz Sharif and this is also said her regular launching ceremony in the field of politics and public service. According to the Business Loan Scheme every month will be given loans to the fifteen thousand lucky persons through draw from one lakh to till 20 lakh.
10 percent amount or its equal assets with business will be shown of suggested plan. For willing of young’s of loans age has been set from 21 years to 45 years while be educated is not necessary. 50 percent loans will be given to the women applicants while 50 percent quota has been set for the survivor of disabled and martyr.
In 15 to 45 days will be decided on given applications. Successful applicants name through draw will be included in the list and 25th date of every month through draw will listen the names of fifteen thousand young’s for the provision of loans. Successful applicants on loans will pay interest 8 percent on annually rate.