PPAF disburses Rs 12.20 bln loans from July-March 2024

Author: APP

Pakistan Poverty Alleviation Programme (PPAF) disbursed 274,730 interest-free loans (65% loans to women) amounting to Rs 12.20 billion (including re-flows) to borrowers from July 2023 to March 2024. From July 2019 to March 2024, 2,677,227 loans (53% loans to women) with a value of Rs 101.71 billion (including reflows) have been disbursed.

According to an official source, the programme was being executed nationwide by 26 partner organizations (POs) through 736 Loan Centers/Branches in around 81 districts.

During the period of July-March FY 2024, a total of 1,139 loans worth Rs. 73.72 million has been disbursed among beneficiaries in Azad Jammu and Kashmir, 3,689 loans worth Rs 241.51 million in Balochistan, 995 loans worth Rs 57.57 million in Gilgit-Baltistan and 15,892 loans worth Rs 790.23 million in Khyber Pakhtunkhwa.

Around 232,070 loans worth Rs 10,058.35 million has been disbursed to the beneficiaries in Punjab and 20,945 loans worth Rs 977.47 million in Sindh province.

Share
Leave a Comment

Recent Posts

  • Pakistan

Pakistan and Egypt forge health cooperation to combat hepatitis C

Pakistan and Egypt have agreed to enhance cooperation in the health sector, particularly aimed at…

9 mins ago
  • Lifestyle

Instagram launches “blend” feature for sharing reels with friends

Instagram has introduced an exciting new feature called "Blend." This feature allows users to share…

11 mins ago
  • Sports

RCB vs. PBKS: A crucial IPL showdown awaits today

Today, the IPL 2025 match on April 18 features a showdown between Royal Challengers Bengaluru…

16 mins ago
  • Sports

Babar Azam poised for a comeback, says Karachi Kings owner

Babar Azam, once considered Pakistan's best batsman, is facing challenges in his career. Recent struggles…

17 mins ago
  • Business

Pakistan accepts IMF’s condition to prioritize climate change in development projects

Islamabad: Pakistan has agreed to a key condition from the International Monetary Fund (IMF). The…

21 mins ago
  • Pakistan

Transporter’s strike halts cargo movement at Karachi port

The Transporters of Goods Association (TGA) has escalated its strike at Karachi ports, causing a…

26 mins ago