The Khyber Pakhtunkhwa (KP) government has launched the Ehsaas Naujawan Programme, a transformative initiative aimed at empowering the youth by equipping them with entrepreneurial skills and financial support. Announced by the Chief Minister, this program seeks to improve the economic well-being of young individuals while contributing to the province’s economic growth.
Key Features of the Ehsaas Naujawan Programme
1. Interest-Free Loans for Small and Large Businesses
The program provides financial assistance tailored to business needs:
- For Small Businesses: Loans ranging from PKR 100,000 to PKR 500,000 are available through the Akhuwat Islamic Microfinance Institute.
- For Large Businesses: Loans between PKR 1 million and PKR 5 million can be accessed via the Bank of Khyber (BoK).
Both loan categories are offered on an interest-free basis, ensuring affordable financial support for young entrepreneurs.
2. Simple and Accessible Application Process
Eligible youth can apply for loans through the following methods:
- Bank of Khyber Loans: Applications can be submitted online via the BoK website: https://ehsaasnaujawan.bok.com.pk/.
- Akhuwat Islamic Microfinance Loans: Applications can be made by visiting the nearest Akhuwat branch. For branch details, visit: https://akhuwat.org.pk/branch-network/.
The program ensures equitable allocation of funds across all districts of KP, based on population proportions, to provide equal opportunities to youth from every region.
Repayment Terms
The repayment terms are designed to ease financial burdens on beneficiaries:
- Bank of Khyber Loans: Flexible repayment within eight years.
- Akhuwat Loans: Repayment terms ranging from 36 to 60 months.
Additionally, no collateral is required for obtaining these loans, making the program accessible to individuals with limited resources.
Driving Socio-Economic Growth in KP
The Ehsaas Naujawan Programme represents a bold step toward fostering entrepreneurship and sustainable development in Khyber Pakhtunkhwa. By empowering young individuals, the government aims to unlock their potential and drive economic progress in the province.
For more information and to apply, visit the official websites of the Bank of Khyber and Akhuwat Islamic Microfinance Institute.
 government has launched the Ehsaas Naujawan Programme, a transformative initiative aimed at empowering the youth by equipping them with entrepreneurial skills and financial support. Announced by the Chief Minister, this program seeks to improve the economic well-being of young individuals while contributing to the province’s economic growth.){kind=link}