Women Empowerment Group Loan

The objective of introduction of women empowerment group loan is to provide financial facilities to working women for income generating activities at their doorstep. By availing the financial facilities, the women shall be able to increase their household income, amongst other thing.

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Specifications of this product is given below.

Purpose of loan

• Purchase of Goat Sheep or Calves
• Any Other Livestock related activities

Loan eligibility	Upper Age allowded 63 years. 60 years at the time of maturity.  Should have a valid CNIC. Should be the local resident of same district.
Lending mode	Group Based Lending
Loan duration	12 Months
Repayment option	Lump sum i.e. bullet
Interest rate	As per applicable Schedule of Charges.
Processing fee	As per applicable Schedule of Charges.
Collateral/Security	Social Collateral i.e. Group Guarantee
Insurance	Credit Life Insurance