ISLAMABAD: The government has so far disbursed soft loans amounting to Rs1.4 billion among qualified entrepreneurs under the Youth Entrepreneurship Scheme (YES) of the prime minister’s (PM) Kamyab Jawan Programme.
Out of the total disbursed loans, at least 30 per cent were given to women while male entrepreneurs received around 70 per cent, an official of the office of Special Assistant to the Prime Minister (SAPM) on Youth Affairs Muhammad Usman Dar told APP on Sunday.
He said PM Imran Khan had recently directed the banks for expediting the loans’ disbursement process so that the youth could play their due role in the national development.
The official said that YES had been playing a critical role in promoting small businesses in the country. “It also helped spur economic activities and jobs creation, especially in times of the coronavirus pandemic.”
The ‘YES’ was launched under the banner of Kamyab Jawan Programme in October last year with the seed allocation of Rs 100 billion and a two-tier disbursement mechanism for the loans, under which Rs 100,000 to Rs 500,000 and Rs 0.5 million to Rs 5 million were given to each successful applicant.
A third tier had recently been added into the scheme, introducing a new category of loan size ranging between Rs10 m and Rs 25 m after expanding the scope of YES.
Under the revised YES, he said the loan amount had been raised up to Rs25 m from Rs5 m to benefit the maximum number of young people across the country. The number of participating banks has also been increased from 3 to 21 under the revised scheme.
He said the mark-up rates on the initial two tiers had also been halved from 6pc and 8pc to 3pc and 4pc respectively.
The official said the YES had been receiving an overwhelming response from the youth. “At least 1.25 million youth submitted applications within 15 days of its initial launch. It reflects the keenness of our youth in starting their own businesses.”
He said that the same kind of response was received after revision of the YES as more than 400,000 youth had applied for concessionary loans under the extended loan-scheme.
Earlier, SAPM Usman Dar in an interview with APP had said that the programme might help create 50,000 jobs by the year-end through further disbursement of loans amounting to around Rs5 bn among 10,000 registered Small and Medium Enterprises (SMEs) under its Youth Entrepreneurship Scheme.
Hi .sir I m very needy person I live hand ok mouth I have no job
Waqas bhai ap kamyab jawan program se qarza ly kr koi chota sa business start karen Allah barkar den gy inshallah.
Sir I need load i m poor I want business
When it start of distribution of funds i think in 200020, 🤔🤔🤔🤔🤷♂️🤷♂️🤷♂️don’t make fool to anyone it is about 2 months ago since lanuch and have no idea when it will be released to youth i think our children get this loan stop this if you have no idea what youth want
Daer! Sir I am Needy boy.I Need a loan for business .plz give me quickly laon
Chak no 205 rb fsd
Kiya ab Tak Kisi ko mila bhi hai ya nai
Good job
Plz give me maney
Sir iam poor man i want bussiness
Send tha maney
Sir iam poor man i want bussiness
Sir i want bussiness
Fayyaz Ahmad
4210109753249
sir maine 12 oct ko application jama karwai hai online kia us ka time to out nahi huwa na?
H
Bhai mujhy business ke liye zaroorat thy mein chota sa business kr bhi raha hon lakin sab kuch clear ho jaany ke bawjood bhi Mera case ni bana is liye mein yeh smjhta hon yeh saara drama hai kuch khaas logon ko nawaza Gaya hai bus aur kuch bhi ni
Koi call nai ai koi sms nai aya.
5 application di hui han
Good evening sir my name Azhar masih Wilson i need loans I strat business Wilson home patient care service’s
We provide male female nurse’s attendants physiotherapy service’s at your home
Please mujy guide kre chak 424j.b Montgomery toba take Singh near Gojra city saay Hoon
Mein 20 saaal saay home patient care job kar RHA or bhoot saay logu ko jobs provide ki Maine agy business set krna mujy loans ki zarort bhoot
Sir mujy loans ki zarort Pakistan government ky Sib TeX pay kro ga or home patient care service’s strat krna business Registerd krwna or office open krna hein all Pakistan mein service’s provide kro ga
Comment:
I am girl my education middle i need job
Dear!sir I am Needy boy plz give me a laon for start business.i have not A job
Asalam,o,alikum sir my name is Muhammad Asif sir main apna karobar karna chahta hon Jo sharait ho gi wo main don ga i need you help please sir ye mera number hai sir 03000085733
Is it fake or real??????
There is no any successful story heard till yet regarding this scheme.
Mr Abdulkhaliq from kashmir bagh
Please create schedule and time frame for this scheme this time it has become dream endless and nonsence
And applicants have become psycho patients due to unnecessary delay by cruel banks who dont want to abide by pms instruction and banks adopt delaying tacts to avoid disbursement of loans but if disbursed may b a relief for needy and for the benefit of govt otherwise youth may be turned more disappointed and dabgerous for govt
Kiya ab Tak Kisi ko mila bhi hai ya nai