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Lending

Refinance and Credit Guarantee Scheme for Women Entrepreneurs in Underserved Areas

A loan facility, launched by SBP, that is targeted towards women in an effort to lend them financial support. Under the scheme,women entrepreneurs can seek financing facilities enabling them to setup a new business and/or expand their current one across Pakistan ​

Key Features

      ​Refinancing will be provided to women entrepreneurs of underserved areas at a mark-up rate of up to 5% per annum 
      Financing of up to PKR 5 ​​million with a financing tenor of up to 5 years and a grace period of up to 6 months 
​      Risk coverage of 60% on the outstanding principal

Criteria

      Borrower or primary sponsor must be a Pakistani resident 
      Borrower must meet the Bank’s as well as the applicable regulator’s policies 
​      ​Personal guarantee is required of the borrower herself

How to Apply

      ​Original CNIC along with a verified copy
​      Copy of a recent utility bill