Ehsaas Qarz-E-Hasna Program New Online Apply 2024

Ehsaas Qarz-e-Hasna scheme has been introduced in the recent past by the authorities of Ehsaas program 8171. This program aims to provide financial assistance to women in the form of interest-free loans. The main agenda behind this initiative is to increase the lending of microfinance across Pakistan. Microfinance is an excellent way of empowering people and enabling them to discover new ways.

Ehsaas Qarz-e-Hasna Scheme

The program provides these opportunities to poor people of our country living under extreme circumstances. They are skilled and ambitious but do not have the right means to do something in their lives. Through this program, the authorities will make sure that finances reach the people who have the potential to do business with this money. Those individuals ultimately contribute to the overall social welfare and economic uplift of the country.

Our country is in its development stage and our economy has been struggling for the past 2 years. Due to insane inflation and economic downturn, it has become difficult for people to earn sufficient for themselves and their families. The situation has become so bad that more than 6 million young and middle-aged people left Pakistan in 2023.

The reports have it that people left the country due to low opportunities and means to earn and grow. Keeping in view such a worrisome situation, the government of Pakistan took immediate steps. In an attempt to retain our youth in the country, microfinance schemes have been launched. The Ehsaas Qarz-e-Hasna is also one of these initiatives.

The best thing is that the process of registering for this initiative is quite simple and fast. Youngsters and skilled people are welcome to apply to this program. The program aims at giving them interest-free loans if they are willing and have an idea that seems workable and unique.

This initiative empowers women especially so that they can be made self-sufficient and contribute equally to the economic development of our country. The era of inflation we are living in has made it crucial for people to fulfill their household needs with a single income. Women need to contribute equally so that more than one income can be sufficient. 

The Ehsaas Qarz-e-Hasna is also an attempt to make the lives of these people better and to help them live a sustainable life. Microfinance is an important aspect of any economy and it targets lower income class people who have ideas and potential to do something in their lives.

However, such people do not have the means to do anything. The initiative also has a component that provides finances to people and enables beneficiaries to complete their education. They provide them with interest-free loans so that they can continue with their higher education and ultimately when they start earning enough, they can return this amount.

Qarz-e-Hasna Selection Criterion Online 2024

Applicants of the Ehsaas Qarz-e-Hasna Program can visit the nearest Ehsaas registration center in your tehsil with the necessary documents and get registered under the program. The program does have an eligibility criterion and you must fall under it to be able to get loans.

Qarz-e-Hasna Selection Criterion Online

You will be required to fill out an application form for this purpose and attach relevant information. The authorities will scrutinize your application form and investigate it. You must get your NSER survey done before applying to this program. It is crucial to remember that no one can apply for any of the Ehsaas initiatives without being surveyed by the National Socio-economic Registry.

Basic Features of the Ehsaas Loan Scheme Program

The following are the salient features of this program;

Basic Features of the Ehsaas Loan Scheme Program
  1. Only those who are residents of Pakistan can apply for this program.
  2. You must have a valid CNIC.
  3. Your record should be clear. i.e., your record must not show any signs of being declared default by any financial institution.
  4. As this program is a part of microfinance schemes, the program will only disburse Rs. 100,000 as an interest-free loan.
  5. The beneficiary will be asked to repay the amount within a year. The installment will start three months from the date of disbursement of the amount of the loan.
  6. The program doesn’t only provide financial assistance but also provides training on budgeting, financial management, and entrepreneurship.
  7. The one borrowing money must provide accurate and proper documentation.


What is the Ehsaas Qarz-e-hasna scheme and how is it working under ahsaas?

The Ehsaas Qarz-e-Hasna scheme is an initiative under Ehsaas program 8171 which provides interest-free loans to people who are living under poverty score. Those who want to start their business ventures can apply to this program.

How is the Ehsaas Qarz-e-Hasna scheme collaborating with the Akhuwat Organization?

Ehsaas program in collaboration with the Akhuwat organization provides microfinance to deserving skilled individuals, who have potential and unique ideas. So that they can start their businesses, earn well, and participate in the overall economic betterment of our country.

What are the minimum requirements of this initiative of interest-free loans?

You must be a resident of Pakistan, not already registered under any of Ehsaas initiatives, and not a defaulter of any financial institution. You belong to a low-income family and have a valid NADRA-issued CNIC.

Final Verdict

The Ehsaas Qarz-e-Hasna scheme is a great initiative by the Ehsaas Program which aims at providing financial assistance to those who have ideas for business but don’t have the means to finance it. Under this program, an amount of Rs. 100,000 is given as interest interest-free loan scheme. The amount is required to be in a year starting from the third month of disbursement of the loan amount. 

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