ISLAMABAD, Jun 11 (APP): Pakistan Poverty Alleviation Programme (PPAF) has 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.
This was pointed out during the Economic Survey 2023-24 unveiled by the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Tuesday.
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.
The programme is 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.
