National
April 2, 2021
PESHAWAR: The government of Khyber Pakhtunkhwa on Thursday signed an agreement with Akhuwat Foundation to launch interest-free microfinance scheme (IFMS) through which small scale loans up to Rs75,000 would be provided to entrepreneurs in the merged districts.
The interest-free loan scheme would consist of revolving fund of Rs1 billion, said a handout, adding, under the said scheme, 25percent quota had been allocated for females, 5pc for special persons and 2pc for transgender persons. A ceremony to this effect was held here at the Chief Minister’s House with Chief Minister Mahmood Khan as chief guest.
Special Assistant to chief minister on Industries Abdul Kareem Khan, Secretary Industries Javed Marwat, Chief Executive Officer Akhuwat Foundation Dr. Amjad Saqib and other concerned high ups also attended the ceremony.