Prime Minister Nawaz Sharif approved Rs3.5 billion for an interest-free loan scheme which will cater to one million people – half of them women. Under the scheme, the disbursements will start in the third week of June.
“Micro-finance schemes are the catalysts for political and economic development while micro-credit is an instrument of change for the poorest segment of society, especially women,” he said at a meeting held at the Prime Minister House. “Such schemes further boost productive economic activities in the country,” he added.
