Following is the text of press release issued by Small and Medium Enterprise Development Authority (SMEDA) Quote The Small and Medium Enterprises Development Authority (SMEDA) gave a briefing on Prime Ministerís Youth Business Loan Scheme at the Lahore Chamber of Commerce and Industry (LCCI) Women Empowerment and Advocacy Forum today. The session was chaired by Ms. Shireen Ahmed Khan , chairperson of the forum. She welcomed SMEDA's team and appreciated SMEDA's active role in assisting Wes, who were keen to avail this loan facility for the expansion of their current business and seeking information to assist their young children in setting up independent businesses. WEs lauded Ms. Maryam Nawaz efforts in launching this collateral free loan scheme however, shared that it was not possible for middle class income group females to arrange for guarantors to avail this loan scheme. On behalf of SMEDA, Ms. Aisha Kamran Siddiqui , Manager Women Entrepreneurship, Head Office briefed the participants regarding features of this scheme, bank requirements and guidance on business plan development. Ms. Farah Mushtak, Manager Financial Services , SMEDA briefed participants regarding financial aspects of developing business plan and addressed other finance related quires of the participants. The meeting concluded by presenting LCCI shield to SMEDA for their contribution in creating awareness regarding PM Youth Business Loan Scheme to their members. The next session of this series will be held after the first balloting of the loan scheme so as to share the experience of successful loan applicants that will help develop way forward for the other applicants. For more information, contact: Liaqat Ali Gohar DGM (Admin. and PR) Small and Medium Enterprise Development Authority (SMEDA) 6th floor, LDA Plaza , Egerton Road , Lahore Tel: 111-111-456 Fax: (042) 6304926 Email: email@example.com Website: www.smeda.org.pk Unquote
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