Youth Business Loan

Prime Minister’s ‘Youth Business Loan’, for young entrepreneurs between the age group of 21 - 45 years, is designed to provide subsidised financing at 8.0% mark-up per annum for one hundred thousand (100,000) beneficiaries, through designated financial institutions, initially through National Bank of Pakistan (NBP) and First Women Bank Ltd. (FWBL).

 

Agriculture constitutes the largest sector of Pakistan’s economy and majority of the population, directly or indirectly, dependent on this sector. Ministry of National Food Security & Research (MNFSR)/Pakistan Agricultural Research Council (PARC) realized its responsibilities to play advisory role in the implementation of Prime Minister’s ‘Youth Business Loan scheme’ and planned to work on the following interventions:

-   Creation of National Agricultural Youth Forum
-   Creation of Women Agricultural Youth Forum
-   Launching of Web page for Prospective Youth
-   Identification of Business Enterprises
-   Preparation of Business Pre-Feasibilities
-   Provision of Advisory Services
-   Business Development Services
-   Crash Program for Entrepreneurship Training
-   Technical back stopping during Business Implementation
-   Core Institutional Support