An amount of Rs.20.52bn disbursed under PM’s Business Loan Scheme      

ISLAMABAD: An amount of Rs. 20.52 billion disbursed under Prime Minister’s Business Loan Scheme, recovery rate is 91pc.

According to an official updates, a total 20,499 beneficiaries availed this opportunity. Prime Minister’s ‘Youth Business Loan’, for young entrepreneurs between the age group of 21 - 45 years, is designed to provide subsidised financing to beneficiaries.

Small business loan disbursed to SME beneficiaries across Pakistan, covering; Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan, Gilgit Baltistan, Azad Jammu and Kashmir and Federally Administered Tribal Areas (FATA).

It has a 50pc quota for women and 5% quota for families of Shaheeds, Widows and Disabled persons,according to the sources.