💡 Great news for young entrepreneurs in Khyber Pakhtunkhwa! The provincial government has launched interest-free business loans under the Ehsaas Hunar Program to help skilled youth kickstart their businesses. If you’ve got the skills but lack funding, this initiative is your golden opportunity!
🎯 Key Features of the Interest-Free Loan Scheme
✅ Loan Amount: Up to Rs. 500,000 💰
✅ Repayment Plan: Easy 36 monthly installments 📆
✅ Total Budget: Rs. 3 billion allocated, with Rs. 200 million set aside for FY 2024-25 🏦
✅ Target Beneficiaries: 35,000 skilled youth in KP 👨💼👩💼
✅ Eligibility: KP residents aged 18-40 with a skill certificate or diploma 🎓
This initiative, a collaboration between TEVTA and the Bank of Khyber (BoK), is set to empower young professionals and boost economic growth in the region.
🏛️ Ehsaas Naujawan Programme: A Revolutionary Initiative
The Chief Minister of Khyber Pakhtunkhwa has officially launched the Ehsaas Naujawan Programme, a groundbreaking initiative aimed at equipping young individuals with entrepreneurial skills and financial support.
This program is a top priority for the government, ensuring that limited financial resources no longer hold back aspiring entrepreneurs.
💰 Loan Distribution Details
📌 For Small Businesses: Loans from PKR 100,000 to PKR 500,000 via Akhuwat Islamic Microfinance Institute.
📌 For Large Businesses: Loans between PKR 1 million and PKR 5 million through the Bank of Khyber.
🔥 All loans are completely interest-free!
📌 How to Apply?
✅ Bank of Khyber Loans: Apply online at BoK website.
✅ Akhuwat Islamic Microfinance Loans: Visit the nearest Akhuwat branch to apply.
📢 Funds are allocated equitably across all districts of KP based on population to ensure equal access for all!
💳 Flexible Repayment Terms
🔹 Bank of Khyber Loans: Repay over 8 years 🕒
🔹 Akhuwat Microfinance Loans: Flexible 36 to 60 months repayment plan 🔄
🔹 No Collateral Required! 🚀
This program makes it easier than ever for young entrepreneurs to launch and expand their businesses without financial stress!
🔥 Why This Initiative Matters
✅ Financial Independence: Start your own business, be your own boss! 💼
✅ Government-Backed Security: A transparent and structured program 🏛️
✅ Massive Impact: Helping thousands of youth enter the business world 🌍
This initiative is a game-changer for youth empowerment in Khyber Pakhtunkhwa. It will foster entrepreneurship and drive sustainable economic growth in the province.
🎯 Final Thoughts
With billions in funding, interest-free loans, and flexible repayment plans, the KP government is paving the way for a new generation of successful entrepreneurs.
💡 If you’re a skilled youth with big dreams, this is your chance to make them a reality!
📢 Stay updated by following official channels for application deadlines and additional details.
