US
Interest-free loans given to over 25,000 families
字号+ Author:Smart News Source:US 2025-01-12 06:05:14 I want to comment(0)
ISLAMABAD: As part of its commitment to uplift underprivileged communities, the government has provided interest-free loans to over 25,000 families in October 2024 through the Pakistan Poverty Alleviation Fund (PPAF). The initiative, implemented in collaboration with partner organizations, has disbursed loans worth 1.2 billion rupees to ultra-poor households across the country. According to an official source, the program aims to enhance financial inclusion, create sustainable livelihoods, and empower economically marginalized segments of society. This effort is expected to improve the economic conditions of beneficiaries by enabling them to earn better incomes, support their families, and achieve self-reliance. The government remains steadfast in its mission to promote financial stability and reduce poverty nationwide. Interest Free Loan Programme is one of the major components of the National Poverty Graduation Initiative financed by the Government of Pakistan. The programme that feeds into PPAFs overall approach for poverty graduation approach provides interest free loans to the target population through the loan centers.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
UN mobilises funds to preserve heritage sites in Sindh
2025-01-12 04:13
-
10 dead as man drives truck into New Year crowd in New Orleans
2025-01-12 04:02
-
Jeju Air tragedy: What we know so far
2025-01-12 03:41
-
China insists it held nothing back on Covid data sharing
2025-01-12 03:19
User Reviews
Recommended Reads
Hot Information
- Jimmy Carter honoured by all living US presidents in rare show of unity
- Saudi Arabia executes Iranians for drugs smuggling, Tehran protests
- Bangladesh new books say Ziaur Rahman, not Mujibur Rahman, declared independence
- Moscow, Kyiv end Russian gas transit to Europe via Ukraine
- Israeli military says intercepts drone approaching ‘from the east’
- China insists it held nothing back on Covid data sharing
- Moscow, Kyiv end Russian gas transit to Europe via Ukraine
- US driver flying Daesh flag rams into New Orleans crowd, killing 15
- Biden works to safeguard Trump-proof agenda as term nears end
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content