16/07/2020
Dear Startup Pakistan Community:
You must have heard the good news that the Kamyab Jawan Youth Entrepreneurship Loan Scheme is about to start Phase II. Special Advisor to the Prime Minister on Youth Affairs, Mr. Usman Dar, announced changes in the program yesterday.
New and improved loan scheme now offers up to one million rupees in clean loans (means without collateral) and low interest rate of 3%. Limit for the loan with collateral has been increased to 25 million. These loans are may also be made available through Islamic Banking.
YES loan applications are expected to open during the 2nd week of August.
Cohort 1 and Cohort 2 Students: We suggest all our students to get ready for their applications and have all their documents ready. If were registered in Cohort 1 or 2, and you have not completed your training or were not able to pass the test, we will do a special test on July 31st so that you can complete your training and pass the test. Please watch all the videos and get ready for the test.
All Startup Pakistan Community Members: Please encourage your family and friends to register for the Startup Pakistan training program to get ready. For the third cohort, applications are now open. Please ask them to register today at https://pk-train.ideagist.com/join.
We will keep you posted on any changes, and as soon as applications are open we will let you know.
IdeaGist Pakistan Support Team
https://kamyabjawan.gov.pk/
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