News Column

Paying back of loans by PMYP beneficiaries satisfies Maryam

June 9, 2014

Our Staff Reporter



Chairperson Prime Minister's Youth Programme, Maryam Nawaz Sharif, has expressed satisfaction over paying back of loans in easy instalments by the young beneficiaries of the PMYP.

She expressed these views while talking to Tahira Raza, president First Women Bank Ltd, who briefed Maryam on the paying back of loans through instalments by the beneficiaries of the PMYP here on Sunday.

The chairperson while hailing the start of depositing back of loans through easy instalments by the PMYP beneficiaries, said that as per the vision of Prime Minister Mohammad Nawaz Sharif, the PMYP has been moving in the right direction.

She maintained that the success of the unprecedented PMYP is evident from the fact that the beneficiaries of the PMYB have been able to deposit monthly instalments against the loan in the lending banks' branches.

The beneficiaries, including women, of the PMYP have not only successfully established their businesses but have also started making profits.

They now enjoy the ownership of profitable and demand-driven trades including dairy farming, e-clothing (sale of stitched clothes through online marketing), beauty saloons, tuition centres, boutiques, provision and general stores, handicrafts, health clubs, and interior designing, she maintained. The president of the FWBL while apprising the chairperson PMYP told that the beneficiaries of the PMYP have also started paying back the principal instalments which shows the thriving profit ratio of their respective trades.


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Source: Nation (Pakistan)


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