small business loan scheme

[m.saari]

Government of Pakistan has announced a small bossiness loan scheme under PM youth program program 2013. National Bank of Pakistan and First Women Bank of Pakistan will start receiving application forms form 2nd of December 2013. According to the loan scheme people cant get loans from 5,00,00 to 20,000,00 to start their business. 50% of the loans will be given to the women of the society to strengthen them. borrowers will have to pay the loan back in 7 years with the mark up ratio of 8%.

some people are considering it a good opportunity to start their own business and some are thinking this is only the way to award MNA's and different politicians. The decision revised by the government regarding the age limit is giving an impression that Government wants to award its own favorite people. Anyways, whatever the view points of the people are, so many people are going to apply for the loan.

 

[PakZindaBad1]

lets hope money goes to real ppl who will use the money to stimmulate economy....For now it seems like a good decision

 

[Pak1stani]

چلو مریم نواز کا کام تو بن گیا

 

[PkRevolution]

Norras have good opportunity. Chache, Mamme, Bhateeje of Norras most welcomed. Reality will come out after 5 years of this regime.

 

[Mehrushka]

چلو مریم نواز کا کام تو بن گیا

oho.....Mariam nawaz ne is small loan ka Kya karna hai.....you know...wade log wade loan (bigsmile)

 

[Pak1stani]

یہ وڈے لوگ چنگ چی رکشے والوں کو نہیں بخشتے یہاں پر تو لاکھوں روپے کے ہزاروں قرضوں کی بات ہو رہی ہے
اسی لئے تو مریم نواز کو یوتھ سکیم کا سربراہ بنایا

oho.....Mariam nawaz ne is small loan ka Kya karna hai.....you know...wade log wade loan (bigsmile)

 

[kashoo]

8% markup..wo kis liyee..yahan UAE ma 6% pa loan mil jata ha wo b 10million rupees ka..iss ma kia kamaaal ha?

 

[IhsanIlahi]

Ghareeb banda 2 guarentors kaha se laaye ...
wo bhi 17 Grade k officers.....

 

[kakajee]

8% markup..wo kis liyee..yahan UAE ma 6% pa loan mil jata ha wo b 10million rupees ka..iss ma kia kamaaal ha?

Wo isliye ke iss mulk pe Allah ka azaab anay wala hai balkay aya hua hai.

Quran Majeed main hai saaf saaf!

Sood, Allah or uske Rasool ke khilaf jang hai. Period!


So all the corrupt and jugga type people who will not pay back the loans will be exempted from any punishment and all the poor, without reference people will be hanged along with their families.

That's just what happened with Yellow cab scheme. Instead of providing them with jobs and honest environment, they are providing them with loans with this already effed up economy. This is bound to fail just like sasti roti, yello cab and ashiana

 

[MADdoo]

Yellow Cab Scheme, Qarz Utaro Mulk Sunwaro and Now Youth Loan Program....
Every time new drama scheme by NS. You can call it "Shosha" Scheme.

There is no use of such scheme if there is no awarding merit. This is a lollipop for
all the relatives of PML MNAs and they are not going to pay for this lollipop...

 

[Will_Bite]

They are under the illusion that the mistakes they made in their previous tenures will this time turn out to be gold. Mental retardation at its worst.
The loan for yellow cab scheme caused the collapse of 2 banks in the early 90s. This time again, loans are being given out to people who have no credit history, no credibility in the financial system. Banks are being compelled to dish out these loans, and it is being expected that it will bear fruit. Loan payback rate in Pakistan is abysmal, and it will result in the banking system taking a huge hit. In 1995, NPB was forced to take the hit. History repeats itself.

 

[kkkkk]

Why this govt does not give only 6 billion Rupees to Samar Mubarak Mand for utilizing Lakhra Coal to produce electricity that our load shedding is solved and industry starts to work for jobs. But, because there would be possibility to steal money, it is preferred to stage this drama. God help us only.