Trainees of Digiskills.pk can avail loan facility provided by Akhuwat. Loan eligibility requirements/criteria is provided below.
Eligibility Criteria for Loan Applicants:
- Applicants must have a valid CNIC.
- Applicants must be aged between 18-62 years, and must have the ability to run/initiate business activity.
- Applicant should be economically active.
- Applicant should not be convicted of any criminal offence in lieu of which proceeding are in progress.
- Applicants should have good social and moral character (in his/her community)
- Applicant should have capacity to provide two guarantors other than family members.
- Applicant should be a resident of operational area of a branch office which may lie within 2-2.5 KM radius.
- The applicant should be using the loan amount to invest in business/entrepreneurship ventures only for which they have been awarded Training Certificate by Digiskills.
About Akhuwat
Akhuwat is the world’s largest interest-free microfinance organization. They are a non-profit organization, established in 2001, and registered with the Securities & Exchange Commission of Pakistan under section 42. The aim of the organization is to economically empower the poor through Qard-e-Hassan based microfinance products while providing them Enterprise Development Services and convert them from borrower to the donor of the organization.
Visit the following link for the Akhuwat Branch Address and Contact info.
http://www.akhuwat.org.pk/
- Publish Date: Jul 29, 2019