Youth Economic Empowerment Program (YEEP) Table 2: Overview of Micro Option’s Financial Services PRODUCTS Agriculture Loan
PURPOSE
AMOUNT RANGE
LOAN TERM
Harvesting, cropping, seed/fertilizer etc.
10,000-70,000 PKR (USD $100-725)
4-8 months
INSTALLMENTS
YOUTH FOCUSED
Lump sum payment
Agri farming
Commerce Loan
Enterprises, trading, housing Small Businesses
10,000-70,000 PKR (USD $100-725)
12 months
Monthly
Beauty parlors, mobile, internet marketing, movie making, skilled workTVET, designing, tailoring, boutique embroidery, social media, etc.
Livestock Loan
Breading/milking/ trading, etc.
10,000-70,000 PKR (USD $100-725)
6-12 months
Semi-annually/ monthly/ lump sum
Fish farming, poultry
Biogas Loan
Biogas installation/ process
70,000 PKR (USD $725)
24 months
Semi-annually
Alternative energy solutions
Solar Energy Loan
Installation of Solar Energy System (at work place or at home)
70,000 PKR (USD $725)
24 months
Quarterly
Improving livelihood, energy substitution
Educational Loan
Access to Education/ Entrepreneurship Development
50,000-300,000 PKR (USD $485-3000)
12-24 months
Enterprise Development Loan
Community Empowerment/ Social Enterprises, youth development and self-employment
50,000-300,000 PKR (USD $485-3000)
12-24
Monthly
Semi-annually/ monthly/ lump sum
Academies, coaching classes, Baby nurseries, day cares, Innovative material at private schools i.e. LCDs, computers, internet, games, etc. Boutiques, schools, etc.
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