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KP govt's loan scheme improves small businesses

KP govt's loan scheme improves small businesses

PESHAWAR: The Khyber Pakhtunkhwa government's interest-free loan provision project to improve the quality of life of people in Landi Kotal, Jamrud and Bara and promote small and local businesses is continuing successfully.
So far, 15,260 people have benefited from the 13-year-old project in the afore mentioned districts, including 13,935 men and 1,375 women, who have been given loans worth around Rs 80 million, said in a statement issued here.
One good thing here is that the people here are not only doing business with this loan but are also paying the loan in instalments at a rate of 100 percent regularly. This project, managed by the Small Industries Development Board, is running successfully.
According to Evaluation and Monitoring Officer Sikandar Shah, the local people are appreciating such a project.
The provincial government under the supervision of the Khyber Pakhtunkhwa Small Industries Development Board; the ongoing project to promote small and local level businesses in the merged districts of Khyber.
Copyright Business Recorder, 2025
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