Government of Pakistan has announced a small bossiness loan scheme under PM youth program program 2013. National Bank of Pakistan and First Women Bank of Pakistan will start receiving application forms form 2nd of December 2013. According to the loan scheme people cant get loans from 5,00,00 to 20,000,00 to start their business. 50% of the loans will be given to the women of the society to strengthen them. borrowers will have to pay the loan back in 7 years with the mark up ratio of 8%.
some people are considering it a good opportunity to start their own business and some are thinking this is only the way to award MNA's and different politicians. The decision revised by the government regarding the age limit is giving an impression that Government wants to award its own favorite people. Anyways, whatever the view points of the people are, so many people are going to apply for the loan.
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