PM Nawaz Sharif Youth Business Loan Scheme 2014 for young entrepreneurs between the age limit of 21 to 45 years is designed to provide finance assistance at low mark up of .8 % P.A for one Lakh beneficiaries, through designated financial institutons, initially through NBP & First Women Bank Ltd.
Small business loan scheme with the tenure up to 8 years with first year grace period, and a debt: equity of 90:10 will be disbursed to SME beneficiaries across Pakistan, covering, Punjab, Sindh, KPK, Balochistan Gilgit Baltistan, AJK & Federal Areas with FATA. It has a 50 % quota for women and 5 % quota for families of Shaheeds, widows and Disabled persons.
PM Nawaz Sharif has announced in an occasion that around 38000 applications including 28000 from Punjab, 600 from Islamabad CT, 3500 from KPK, 100 from Gilgit Baltistan, 1000 from Balochistan, 500 from AJK and 3000 from Sindh province were received. Here is a list of the candidates who are selected for Youth Business Loan Scheme draw list. PM said the applicants were selected according to the provincial quota and said that 100000 loans would be awarded in 1 year. Lets download full list of Selected Candidates For PM Youth Business Loan Scheme Draw No 1