Ehsaas Interest Free Loans Program 2023

Hi everyone! I hope you are all doing well. Welcome back to another blog. This article will discuss the topic in detail “Ehsaas Interest-Free Loans Program 2023”. The Ehsaas Interest-Free Loans Program is a flagship initiative of the Pakistani government aimed at providing financial assistance to the underprivileged segments of society. The program offers interest-free loans to small business owners, farmers, and students to support their economic growth and development. In this article, we will provide a comprehensive guide on the Ehsaas Interest-Free Loans Program 2023.

The Ehsaas Interest-Free Loans Program was launched in 2019 to support small business owners, farmers, and students who lack access to formal banking channels. The program provides interest-free loans ranging from PKR 10,000 to PKR 100,000 to eligible applicants. The Ehsaas Interest-Free Loans Program 2023 is now open for all eligible applicants.

Ehsaas Interest Free Loans Program 2023
Ehsaas Interest-Free Loans Program 2023

Ehsaas Interest-Free Loans 

To register for the Ehsaas interest-free loan program 2023, you have two options – submitting a written application or making an oral request. The program uses a scorecard to confirm your poverty level. Once your application is complete, you will receive an application form and a business plan form. The final and most important stage of the process requires you to submit your application along with all the necessary documents.

The government of Pakistan is providing loans to the younger generation ranging from 10 lakhs to 5 lakhs. Banks have been allocated by the government to provide loans during the tenure of the program. This initiative aims to enable people to establish their businesses and easily repay their loans. You can apply for a loan through any of the designated banks.

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Also, check: Ehsaas Labor Portal Registration 2023

75000 Online Registration 

  • The Ehsaas Trust is offering interest-free loans to micro-businesses that generate income, with funding provided by both federal and provincial governments.
  • In the financial year 2019-20, the federal government allocated a budget of 5 billion for this initiative.
  • An online application process is available for the Ehsaas Loan, with an average loan size of Rs. 30,000.
  • Business advisory services are also provided, along with linkages to Microfinance Institutions (MFIs), Microfinance Banks (MFBs), and traditional banks.
  • Eligible individuals must be between 18 to 60 years of age and come from households that score between 0 to 40 on the Poverty Score Card.
  • They must also have a valid National Identity Card (CNIC) and be a resident of the targeted union council within the district.
  • Lastly, the applicants need to provide an economically viable business plan to be considered for the loan.

Online Apply

The Pakistan Poverty Alleviation Fund (PPAF) is rolling out an interest-free loan program across the country. The initiative involves 22 partner organizations (POs) that operate in rural areas, while Akhuwat branch offices will provide the service in cities and towns via loan centers in 100 districts. Eligibility requirements for potential borrowers, alongside district information, loan center names, and details of the implementing Partner Organizations (POs), are all included to ensure access to the program for all who require it.

Application Method:

To apply for a loan at the center, potential borrowers need to follow a few steps.

  • Firstly, they must verify their Poverty Score Card to ensure they meet the eligibility criteria.
  • Once confirmed, they can register as a potential borrower and receive an application form along with a business plan template.
  • After filling out the necessary information and completing the business plan. The applicant must submit all the required documents to the center for review and consideration.
  • These steps are essential to ensure a smooth and efficient loan application process.
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Business Preparation

  • Gather fundamental details about the new business venture, including the nature of the business and the underlying reasons for its establishment.
  • Determine the objectives for production and sales, as well as the marketing approach that will be employed to reach target audiences.
  • Consider the expenses that will be incurred in the course of business operations. Develop a cost estimation for the proposed enterprise.
  • Assess the financial resources that will be required to start and sustain the business and calculate the anticipated profit margin.


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