JOBLESS YOUTH TO GET 300000 RUPEES LOAN THOUGH WASEELA-E-HAQ SINDH SCHEMES


JOBLESS YOUTH TO GET 300000 RUPEES LOAN THOUGH WASEELA-E-HAQ SINDH SCHEMES

"Small Loan -Significant Impact"

Extension of small loans to females beneficiary or her nominee to trigger, cater and eliminate chronic and extreme poverty, thus enabling women empowerment to flourish. This initiative will allow and facilitate women to participate in their personal growth as well as national development.


President Asif Ali Zardari inaugurated Waseela-e-Haq Sindh schemes. The 12 billion rupees scheme has been launched by the Sindh government and Benazir Income Support Programme (BISP). Under this scheme interest free loan of (300000 rupees would be given through computerized balloting. Sindh Bank would disburse the amount of loan to every eligible youngster.
The loan will be given to successful applicants after re-verification as to ensure that applicants have no job or source of income. Anyone who would be of 19 to 35 years of age with minimum qualification of matriculation will get the loan through Waseela-e-Haq Sindh schemes. The recipients would also be provided training, support and advice, she said
According to Chief Minister of Sindh Qaim Ali Shah almost 35000 educated unemployed youth would be benefited from this Waseela-e-Haq scheme and they will get the opportunity to set up their own business.