Livestock Loans (LS)
LS loans are also offered through the same CO channel with group guarantees but offered on a continual non-seasonal basis. Lending staff goes through a standard appraisal and assess the capacity of the
household to manage another animal and their management expertise. At disbursement, 10 percent of the loan is deposited in a compulsory saving account run by the community organizations. These loans
are repaid on monthly or six monthly installment basis. Livestock loans may be taken for the following purposes but are not limited to these:
Livestock fattening, Livestock trading and for purchase of Milking animals, Goat and sheep farming and any other loan related to livestock.
Loan eligibility: Age 18-60, should have a CNIC, permanent resident of the locality, independent head of household.
Loan Amount: Rs.5,000 to 150,000
Loan duration: 1 to 24 months
Repayment option: Lump sum / up to 24 installment
Collateral: Group guarantee
Disbursement: To individual
Interest rate: 28% annually for lump sum on declining trend and 30% for installment loans on declining trend.