Showing posts with label Qarz-e-hasna scheme. Show all posts
Showing posts with label Qarz-e-hasna scheme. Show all posts

Prime Minister's Qarz-e-Hasna Scheme

Prime Minister's Qarz-e-Hasna Scheme is basically a micro finance facility for the poor people in urban and rural areas. It is an initiative for coping with industry crisis. The aim is to remove poverty and make people improve their standards of living. 50% financing would be for women to empower them to earn for the family as well. It is going to be a interest free financing comprising of 250,000 loans of average Rs. 25,000 each for the year 2013-14. People belonging to less privileged areas would be given preference so they can improve their lives and transform themselves from takers to givers.

I would say that aims behind the Prime Minister's Qarz-e-Hasna Scheme concept are totally positive to make this society a better place as a whole. This financing scheme, if carried out as per lan, should be able to make betterment in the society. Official link for the scheme is here.