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Kashf Foundation Loan Apply Online [Interest Free] 2024

Kashf Foundation Interest Free Loan [2024]

Kashf Foundation Loan Apply Online – Kashf Foundation Loan is a special program that aims to help poor women, entrepreneurs, and small business owners, especially women, in Pakistan. This program provides financial support to these individuals to help them improve their lives.

There are different types of Kashf Foundation Loan Schemes, each designed to meet specific needs. These include microloans, business loans, and agriculture loans. Microloans are small amounts of money given to people to start or expand very small businesses. Business loans are for those who have slightly larger businesses, and agriculture loans are for those involved in farming.

Kashf Foundation has become a top institution in Pakistan for providing these types of loans. Their approach is smart and sustainable, meaning it helps people in a way that can last for a long time. They have already assisted thousands of women entrepreneurs all over Pakistan.

Kashf Foundation Loan Apply Online [Interest Free] 2024

Now, let’s talk about the different loan schemes. Microloans are for those who need a small amount of money to start a tiny business. Business loans are for those who have slightly bigger businesses and need more money to grow. Agriculture loans are for farmers who need financial help with their farming activities.

The best part is that these loans are interest-free, which means you don’t have to pay extra money back. Now, if you’re interested in getting a loan from the Kashf Foundation, you can apply by following a simple process. This might involve filling out some forms and providing information about yourself and your business.

In summary, Kashf Foundation Loan is a great program that helps women and entrepreneurs in Pakistan by providing different types of interest-free loans. If you need financial assistance for your small business or farming activities, this program might be the right fit for you.

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Kashf Foundation Easy Loan Schemes

Kashf Foundation is here to help women entrepreneurs and small business owners in Pakistan with various loan schemes. These special loans are made to fit the unique financial needs of borrowers, helping them reach their goals. Let’s take a closer look at one of these schemes called the Kashf Easy Loan.

The Kashf Easy Loan is a special type of loan for women who are running small businesses in Pakistan. It’s a way for them to get some quick money when they need it. Imagine you have a small business, and sometimes you need a little extra cash to make things easier. That’s where the Kashf Easy Loan comes in.

This loan is made to be easy and convenient. It’s like a helping hand when you’re working hard to make your business successful. The best part is that it’s designed especially for women entrepreneurs. So, if you’re a woman running a small business in Pakistan and you need some financial support, this loan could be a good fit for you.

The Kashf Easy Loan is all about making things simple for you. You can quickly get the money you need to grow your business without going through a lot of complicated processes. It’s like a friend that understands your business needs and is ready to assist you.

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Kashf Foundation Loan Key Features:

  • Loan Term: The Kashf Easy Loan gives borrowers a whole year to pay back the borrowed money. This provides plenty of time for people to return the loan amount without feeling rushed.
  • Installments: Repaying the loan is made super simple. Borrowers can divide the total amount into 12 monthly installments. This way, managing money becomes much easier, and borrowers can plan their finances without any stress.
  • Amount: For those looking to start or grow small businesses, the Kashf Easy Loan offers up to PKR 15,000. This amount is just right for small business owners and women entrepreneurs who need a bit of funding to kickstart or expand their ventures.
  • Insurance: Here’s a cool part – the loan comes with life insurance. This means that borrowers and their families have an extra layer of protection. If something unexpected happens, the insurance is there to provide security and peace of mind. It’s like having a safety net for the borrower and their loved ones.

In summary, the Kashf Easy Loan is designed with simplicity and support in mind. With a whole year to repay, manageable monthly installments, a suitable loan amount, and added life insurance, it’s a package that understands the needs of small business owners and women entrepreneurs. So, if you’re looking for a loan that’s easy to handle and comes with extra security, the Kashf Easy Loan might be just what you need.

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Kashf Foundation Karobar Karza Scheme:

Kashf Karobar Karza” is a financial product provided by the Kashf Foundation, a microfinance organization operating in Pakistan. This loan offer is tailored to meet the financial requirements of small business owners and entrepreneurs seeking capital for initiating or expanding their ventures.

Loan Features:

  1. Loan Amount: The loan amount starts at PKR 40,000 for the first loan cycle and can go up to PKR 100,000 for subsequent cycles.
  2. Loan Tenure: A fixed tenure of 1 year (12 months) for repayment.
  3. Installments: Repayment is structured into 12 equal monthly installments.
  4. Documentation Fee: A documentation fee of PKR 250 is applicable, spread across monthly installments.
  5. Insurance: Borrowers must secure insurance coverage for the loan. Two plans are available – Plan A, including maternity coverage at PKR 1,850 per year, and Plan B, without maternity coverage at PKR 1,200 per year. Premiums are paid in monthly installments.
  6. Collateral-Free: The loan is free from collateral requirements, eliminating the need for borrowers to provide security or a guarantor.
  7. Quick Disbursement: Following approval, the loan is swiftly disbursed, typically within a few days.
  8. Flexible Repayment: The loan offers flexibility, allowing early repayments without incurring penalties.
  9. Business Development Services: Borrowers gain access to business development services, such as training and mentoring, aimed at supporting the growth of their enterprises.

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Kashf School Sarmaya Scheme

The Kashf School Sarmaya Scheme is a financial offering provided by the Kashf Foundation, a microfinance institution dedicated to empowering women and families in Pakistan through the provision of financial and social services.

Key Features:

  1. Loan Term: The loan term for Kashf School Sarmaya spans 12-18 months, providing flexibility for repayment.
  2. Installments: Repayment is structured into 12-18 monthly installments, accommodating the convenience of the borrowers.
  3. Loan Amount:
  4. For the 1st loan cycle, the minimum amount is PKR 60,000 for a 12-month tenure and PKR 75,000 for an 18-month tenure.
  5. The maximum loan amount is PKR 200,000 for the 1st cycle and PKR 300,000 for the 2nd cycle.
  6. Documentation Charges: A documentation fee of PKR 500 is applicable.
  7. Insurance Charges: Insurance charges are 2% on PKR 20,000 and 1% on the remaining loan amount.
  8. Training Fees: Borrowers are required to pay a training fee of Rupees 1,000, which is included in the first installment.
  9. Insurance: Insurance does not apply to the Kashf School Sarmaya Scheme.
  10. School Profit: The school profit ranges from Rupees 8,000 to 70,000, providing an additional incentive.
  11. Age Limit: Both the client and nominee should fall within the age range of 18 to 63 years for loan tenures spanning 12 to 18 months, ensuring eligibility.

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Kashf Mahweshi Karza Scheme

Kashf Foundation offers the Kashf Mahweshi Karza Scheme, a financial product tailored to provide affordable financing to women interested in acquiring livestock.

Key Features:

  1. Loan Amount:
    • For Option 1, the loan amount ranges from PKR 30,000 to 100,000.
    • For Option 2, the loan amount spans PKR 100,001 to 150,000.
  2. Use: The loan is specifically designated for the purchase of livestock animals.
  3. Term:
    • For Option 1, the loan term is 12 months.
    • For Option 2, the loan term is 18 months.
    • For Option 3, the loan term is 12 months with two bullet payments.
  4. Installments:
    • For Option 1, repayment is made in 12 equal monthly installments.
    • For Option 2, the loan is repaid in 6 monthly installments for the first 6 months and 12 monthly installments for the remaining 12 months.
    • For Option 3, repayment occurs in 12 monthly installments with two bullet payments.
  5. Documentation Charges: A documentation fee of PKR 500 is applicable.
  6. Training Fees: Borrowers are required to pay a training fee of Rupees 1,000, to be settled along with the first installment.
  7. Age Limit: Both the client and nominee should fall within the age range of 18 to 63 years, ensuring eligibility for the scheme.

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Kashf Marhaba Loan Scheme

Kashf Foundation offers the Kashf Marhaba Loan Scheme as a flagship product, providing accessible and affordable credit for small businesses and individuals.

Key Features:

  1. Loan Term: The Kashf Marhaba Product offers a flexible one-year loan term, allowing borrowers to tailor repayments according to their cash flows.
  2. Installments: Repayment is structured into 12 monthly installments, facilitating ease of management for borrowers.
  3. Loan Amount:
    • For the first loan cycle, a reasonable amount of PKR 35,000 is provided, catering to the needs of small businesses and individuals.
    • The upper limit for the loan amount is set at PKR 75,000, offering increased borrowing capacity for individuals with a positive credit history with Kashf Foundation.
  4. Documentation Charges: A nominal fee of PKR 400 is charged for documentation, ensuring a reasonable cost for the processing of loan documents.
  5. Collateral-Free: The loan is devoid of collateral requirements, eliminating the need for borrowers to provide security or collateral to access the loan.
  6. Fast Processing: The Kashf Marhaba Product boasts a swift loan processing time, enabling borrowers to promptly receive their loans. This quick turnaround empowers them to utilize the funds for their business or personal needs without unnecessary delays.

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Kashf Sahulat Karza Scheme

The Kashf Sahulat Karza Scheme is a microfinance initiative launched in Pakistan to provide accessible credit for low-income individuals and micro-entrepreneurs, aiming to assist financially marginalized populations in overcoming their economic challenges and fulfilling basic needs.

Key Features:

  1. Loan Duration: The loan duration for the Kashf Sahulat Karza Scheme spans 6 months, ensuring a short and manageable repayment period.
  2. Installments: The loan amount is distributed into 6 monthly installments, simplifying the repayment process for borrowers.
  3. Loan Amount: A modest loan amount of PKR 5,000 is offered, addressing basic financial needs and catering to the specific requirements of the target demographic.
  4. Documentation: The loan application process for this scheme is streamlined, devoid of processing fees and complex documentation requirements. This simplicity facilitates ease of application, particularly for low-income individuals.
  5. Insurance: Unlike other schemes, the Kashf Sahulat Karza Scheme does not mandate insurance, enhancing affordability for borrowers and reducing financial burdens.

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Required Documents for Kashf Foundation Loan Apply Online:

Kashf Foundation Loan Apply Online: In addition to the loan application form, you are required to submit supporting documents for your application. These documents may comprise:

  1. CNIC (Computerized National Identity Card):
    • A copy of your CNIC is necessary for identification purposes.
  2. Two Passport-Size Photographs:
    • Include two recent passport-size photographs with your application.
  3. Proof of Income:
    • Submit documentation verifying your income, which may include utility bills, pay slips, bank statements, or other relevant financial records.
  4. Business Registration Documents (if applicable):
    • If you are a business owner, provide any relevant documents confirming the registration of your business.

These documents are essential for the application process and contribute to the assessment of your eligibility for the loan from the Kashf Foundation.

Kashf Foundation Loan Apply Online [Interest Free] 2024

How to Apply Online for a Kashf Foundation Loan?

Kashf Foundation Loan Apply Online: To initiate the loan application process with Kashf Foundation, a Pakistani microfinance institution supporting low-income women entrepreneurs, you can follow these steps:

  1. Locate Your Nearest Kashf Center:
    • Navigate to the Kashf Foundation website and click on the “Find a Kashf Center” button.
    • Enter the name of your city, town, or village to identify the nearest Kashf center.
    • Record the center’s address and phone number for future reference.
  2. Visit The Kashf Center:
    • During working hours, typically from 9 a.m. to 5 p.m., visit the identified Kashf center.
    • Check the working days and timings for your specific center on the Kashf Foundation website.
  3. Attend the Information Session:
    • Upon arrival at the Kashf center, you will be requested to participate in an information session about the loan application process.
    • A Kashf staff member will guide you through essential details such as loan terms, repayment schedules, interest rates, and other pertinent information.
    • You will be provided with an application form during this session.
  4. Submit The Application Form:
    • After the information session, complete the loan application form.
    • The form will necessitate your details, income information, and the intended purpose of the loan.
    • Additionally, you will be required to furnish the names of two references who can attest to your character and creditworthiness.

Note: Please note that all the information provided in this post is obtained from official sources and other reliable resources. It is advised not to share your ID card number or mobile phone number here. Thank you for your understanding. We are solely focused on sharing information on ehsaas-porgrams.pk.

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