Islamabad: A special assistant for the prime minister Dr. Sania announced the government will distribute an amount of 80,000 Ehsaas free of interest each month. The loan’s eligibility and authorized centers were also released by the Pakistan Poverty Alleviation Fund.
Update: How to apply in the Ehsaas emergency cash Programme initiated by the Government of Pakistan on Wednesday (1st April, 2020)
At the press conference held this Saturday disclosed that a loan with no interest of up to 3 billion rupees had already been distributed to 82,000 people across the country on the launch of the National Poverty Graduation Strategy.
The Prime Minister Imran Khan giving away Cheque to a person who is a beneficiary from the Ehsaas Interest-Free Loans scheme under the National Poverty Graduation Initiative, at the PM Office Islamabad.
The National Poverty Graduation Strategy is four-year-long program. The interest-free loan program will revolutionize the lives of people in poverty from Pakistan.
The loan that is interest-free will be made available across a hundred districts. 16.28 million people and 50percent of women benefited from this program.
Ehsaas Interest-Free Loan
The amount of the interest-free loan ranges from Rs.20,000 up to Rs.75,000 (the average amount is Rs.30,000). Pakistani citizens with valid CNIC aged between 18 – 60 years are qualified.
The process of applying for a job is as easy as it gets.
- Contact the center for loans (written or verbal)
- Verification of Poverty Score Card
- The registration of a borrower as a possible
- The issue of an application form and a business plan form
- Submitting the complete application documents to the applicant
FOR DETAILS CHECK THE LINKS BELOW
- Salient Features of Interest and Eligibility Criteria
- PPAF Loan Centers
- Akhuwat Loan Centers
- Details of Disbursement of Loan By PPAF Partners on 5 July 2019
SRSO team held a distribution ceremony as part of the EHSAAS’ Interest-Free Loan program that is funded by Government of Pakistan at District Kashmore in Kandhkot.
As part of this event, 50 checks were distributed.
Ehsaas Pakistan Poverty Alleviation Fund
The Prime Minister of Pakistan Imran Khan Speech at the Launch Ceremony of the Pakistan’s National poverty Graduation Initiative that includes the Interest-Free Loan Ehsaas Program in Islamabad (05.07.19