Wednesday, 18 July 2012 15:44
ISLAMABAD: The Pakistan Poverty Alleviation Fund (PPAF) is planing to extend 1 million micro loans during 2012-13 for implementing 3,500 small scale water and infrastructure schemes in the most deprived districts of the country.
The program will strengthen over 25,000 new community organizations in order to build livelihood and transfer over 300 assets to the deserving families, said an official here on Wednesday.
Under the project, the PPAF will also provide training to around 150 thousand community members and establish 50 new community health clinics and 200 new schools, he added.
He said that over 6 thousand persons with disabilities will be rehabilitate and train around 3,000 staff of partner organizations and over 25,000 community members during the year 2012-13.
During last financial year, PPAF disbursed funds in urban and rural areas of 129 districts of the country to about 297,000 community organizations through 112 partner organizations, he added.
Out of which 12 were focusing exclusively or predominantly on women. Since its inception, PPAF has financed 5.4 million micro loans. These interventions have resulted in completion of 27,417 projects in infrastructure, health and education sector, he added.
He further said that during the period under review PPAF has provided training to more than 488 thousand community members and also provided financing to 122 thousand households to build earthquake resistant homes and trained over 108 thousand individuals in earthquake affected areas.
Copyright APP (Associated Press of Pakistan), 2012