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PM Small Business Loans Scheme 2013 Eligibility, Size of Loan, Registration Online

Prime minister of Pakistan launches “Prime Minister’s Youth Program2013-14” for the youngsters of this country. This youth program will help the poor and talented students to earn good opportunities of employment, acquiring skills needed for the job, job training and use of computers.

This youth program will ultimately lead to the development of economy of Pakistan. “The main idea behind the program is to increase the self-dependency of the youth and provide them job opportunities so that instead of running after jobs‚ they could stand on their own feet to provide a livelihood to their families and they can grow on their own talent.


Prime minister has announced six welfare schemes for youth. The program comprises six schemes named as: Micro Interest Free Loans Scheme, Small Business Loans Scheme, Youth Training Scheme, Youth Skill Development Scheme, Fee Assistance Scheme and PM’s Scheme for Laptops Provision.

Small business loan scheme is made for those students who are educated, talented but due to poverty they cannot start their own enterprise. This scheme specially focuses on unemployed youth who have lack of opportunities.

PM also announced Small Business Loan Scheme for the educated youth willing to start their businesses. With this scheme skilled individuals would get loans worth Rs0.5 to Rs2 million each to help start their work in agriculture sector or set up a workshop, and 50 percent loans under this Rs5 billion schemes would be specified for the women.

“The markup rate on this loan would be 8 percent as the remaining markup amount would be paid by the government. National bank of Pakistan and First women bank under the supervision of State bank of Pakistan will provide small business loan to the eligible candidates.

Eligibility Criteria:

All the young men/ women of age not more than 35 years of having entrepreneurial potential are eligible for this small business loan scheme.

How To Apply and Forms with any Registration Process:

You can apply in PM’s Scheme for small business loan as per eligibility criteria mentioned above. The federal cabinet has already given approval to all these initiatives. All arrangements for the implementation of these programs have been completed. The small business loan program will be completely on merit basis and transparent.

Therefore only eligible candidates should apply for this program. Government of Pakistan will announce the registration procedure with application forms after 3rd October 2013. Here on this page you will soon be updated with the application process and registration forms will be available on this website.

PM Small Business Loans Scheme 2013

PM Small Business Loans Scheme 2013 Eligibility, Registration, Size of Loan

Brief description Small business loans scheme will focus on unemployed youth, especially educated, looking for establishing new enterprises.
Eligibility criteria All young men/women. Age not more than 35 Years.  Entrepreneurial potential.
Focus on women 50% of loans will go to women borrowers.
Debt-Equity ratio 90:10 with tenor of up to 7 years
Pricing 8% fixed for borrower but government will pay the difference of the cost at KIBOR+500 bps.
Refinancing SBP to explore providing 50% refinance at the risk of participating banks
Risk mitigation Government will share 50% of losses subject to a maximum of 10% of the loan amount
Number of Loans 100,000
Size of Loan Rs.0.5 – 2.0 Million
Average Loan Size Rs.1.25 Million
Allocation in Budget 2013-14 Rs.5 billion
Executing agency NBP and First Women Bank under the guidance and supervision of SBP. Other Banks will be encouraged to join.
Sectors and Products All sectors. Standardized schemes/projects/ undertakings will be designed by SMEDA, projects designed by private sector service provider or individuals themselves.

If you are Interested to get the further Details regarding the PM Small Business Loans Scheme 2013 Eligibility, Size of Loan, Registration Online So you should keep in touch with us here on this page because here we are providing you complete and deep information abut it and you can get the Final Result and successful candidates lists here in below given link and can register with a just click on Register Button.

PM Small Business Loans Scheme 2013 Eligibility Forms Registration Online

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