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Government of Pakistan Cabinet Secretariat Poverty Alleviation and Social Safety Division BRIEFING NOTE Launch of National Poverty Graduation Initiative (NPGI)
From Poverty to Prosperit
Comprehensive Programme on Asset Transfers, Interest Free Loans and Skills Trainings
The National Poverty Graduation Initiative (NPGI) is part of the Ehsaas strategy. It aims to graduate the poorest households out of poverty and set them on a course of economic and social prosperity. Its components include (i) asset transfers; (ii) interest free loans and; (iii) vocational and skills training to make assets productive.
The graduation initiative aims to reduce dependence of the population at the bottom of the economic pyramid on government-led social safety nets (BISP, Zakat and Baitul Mal programmes) and helps to bring this population into the mainstream of economic development and nancial inclusion.
The government, in addition to its own funding, is partnering with the International Fund for Agricultural Development (IFAD) and the Asian Development Bank (ADB) in this initiative. Total projected cost of the initiative is Rs. 42.65 billion.
IMPLEMENTATION ARRANGEMENTS:
The initiative will be executed by Pakistan Poverty Alleviation Fund (PPAF) and BISP. More than forty partnering NGOs will be involved in executing this initiative including the Rural Support Programs and Akhuwat.
TARGETING, SELECTION AND IMPACT:
This initiative is being rolled out in over 100 districts and will impact 16.28 million people with 50% women. The initiative also includes youth, persons with disabilities, transgender people, minorities and marginalized communities in lagging districts. Selection of bene ciaries is based on the Poverty Score Card used by the government and donors.
COMPONENTS OF THE NATIONAL POVERTY GRADUATION INITIATIVE:
Asset Transfer: 225,000 assets will be provided to the poorest of the poor to start their small businesses along with skills training and business planning. The average cost of the asset which will be given as a grant is Rs. 50,000. Furthermore, they will have access to interest free loans (see component ii below). In total 1.45 million people will bene t from this component. Recipients of asset transfers is determined by the partner organizations using the Poverty Score Card.
Interest Free Loan Programme: This is a major component of the Initiative. From July 2019 onwards, 80,000 interest free loans will be disbursed every month. The range of the interest free loans is Rs. 20,000 – Rs. 75,000. As many as 3.8 million interest free loans will be provided (80,000 loans a month for the next 4 years) to 2.28 million households. In total, 14.7 million people will bene t from this component. Interest free loans are being accessed through existing 1,110 loan centers operated by partner organizations. As additional districts are added, new loan centers will be established. Information will soon be available on the website of Poverty Alleviation and Social Safety Division. Meanwhile, please visit website of PPAF for list of loan centers and eligibility criteria (www.ppaf.org.pk/NPGI.html)
Vocational and Skills Training:Recipients of asset transfer and interest free loans will be provided skills and business development training as needed to ensure sustainable livelihoods. Furthermore, an additional 20,000 youth will be provided special skills to develop innovative businesses. This additional training will benefit 129,000 people Certified training courses will be conducted by NAVTTC.
TODAY’S LAUNCH:
Today, the Prime Minister is launching the National Poverty Graduation Initiative (NPGI), marked by 391 cheque distribution ceremonies where 86,151 interest free loans worth Rs. 3.02 billion are being given out across Pakistan. During the next four years, every month around 80,000 interest free loans will be disbursed, nationwide. Furthermore, over 9,000 assets will be distributed every month over the next two years.
Cheque distribution will not be conducted in the FATA in July due to the upcoming elections.
On July 05, 2019, the Prime Minister is chairing a ceremony in the Auditorium of PM o ce Islamabad and will distribute a few cheques to interest free loan borrowers to launch this nation-wide initiative.
اردو میں پڑھیں
:شراکتی ادارے
:ماہانہ کارکردگی
:رابطہ کریں
بلاسود قرضہ پروگرام کے بارے میں جاننے کے لئے رابطہ کریں
FOR REGISTRATION PLZ SEND YOUR CNIC NUMBER AT 5771.
ELIGIBILITY CRITERIA FOR MICRO BORROWERS
Holder of a valid CNIC.
Resident Pakistani national.
No. maximum age limit.
Cumulative average monthly family income of less than PKR 50,000.
Must be registered with NSER of Ehsaas/BISP with PMT score up to 49. However, exceptions are allowed for T-1 applicants of NAPHDA.
Verified by NAPHDA through NADRA in case of T-1 housing loans.
One Family can co-avail one loan each under Kamyab Karobar, Kamyab Kissan, and Low-Cost Housing.
Max. exposure of PKR 2,850,000 per family.
کامیاب پاکستان پروگرام ملک میں غربت کے خاتمے میں کلیدی کردار ادا
کرے گا۔
اس پروگرام کے تحت چودہ سو ارب کے قرضے 37لاکھ گھرانوں کو دیے جائیں گے ۔
Kamyab Pakistan is flagship initiative that will give more than PKR 1400 Billion loans to 3.7 Million deserving families in the next 5 years.
Citizens can check their eligibility by sending their CNIC on 5771.
The Successful Pakistan program will play a key role in alleviating poverty in the country.
Under this program, loans of Rs. 1400 billion will be given to 3.7 million households.
کامیاب پاکستان پروگرام معاشرے کے محروم طبقات کی معاشی خودمختاری کی جانب اہم قدم ہے۔ اس پروگرام کے تحت کمزور طبقے کو مالی لحاظ سے بااختیار بنانے کے لئے 14 سو ارب روپے کے قرضے فراہم جائیں گے
There are five components to a successful Pakistan program.
Interest free loans will be given to farmers through successful farmers.
Under the successful business program, up to 500,000 interest free loans will be provided for businesses.
Easy installment financing facility to build your house under cheap house scheme.
The Government of Pakistan’s successful Skilled Based Scholarship Scheme
Health Insaf Card will be linked to the Successful Pakistan Program.
🇵🇰 Kamyab Pakistan Program 🇵🇰
کامیاب کسان کے ذریعے کسانوں کو بلا سود قرضے دئیے جائیں گے۔
کامیاب کاروبار پروگرام کے تحت کاروبار کے لئے پانچ لاکھ تک بلا سود قرضے دئیے جائیں گے۔
سستا گھر سکیم کے تحت اپنا گھر بنانے کے لئے آسان اقساط پر فنانسنگ کی سہولت۔
حکومت پاکستان کے کامیابی سےجاری skilled based سکالر شپ سکیم
صحت انصاف کارڈ کو کامیاب پاکستان پروگرام کے ساتھ منسلک کیا جائے گا۔
Details of Each Program/ Component un Kamyab Pakistan Program
KAMYAB KAROBAR
کامیاب پاکستان پروگرام کے تحت چھوٹے کاروباروں کی خوشحالی کی جانب اہم سنگ میل
It is an entrepreneurship clean and interest-free loan of up to Rs 500,000 to be repaid in equal monthly instalments in up to three years.
S. No
Particulars
Kamyab Karobaar
1.
Loan Type
Entrepreneur Loan under Tier-0
2.
Loan Size
Up to PKR 500,000
3.
Loan Tenor
Up to 3 years
4.
Repayment
Equal Monthly Installments
5.
Max. Age
No limit
6.
Security Requirements
Clean (secured only by Personal Guarantee of the borrower). In addition, rules & regulations of SECP/SBP shall be complied with by MFPs.
7.
Sectors and Products
All sectors & products including Agriculture(livestock, poultry, fishery, dairy etc could be part of Kamyab Karobar)
8.
Customer Pricing
0 %
KAMYAB KISSAN
کامیاب پاکستان پروگرام کے تحت کامیاب کسان! چھوٹے کسانوں کی معاشی خودمختاری کی ضمانت
These are small Agri Loans of up to Rs 150,000 for crop inputs and/or up-to Rs. 200,000 for farm machinery & equipment for farmers with landholding up to 12.5 acres to be repaid in lump sump in two Crop Cycles in a year for 6 months each (max. 1 year). Financing for Machinery/ Equipment will be up to 1 year.
S. No
Particulars
Kamyab Kissan
1.
Loan Type
Small Agri Loans under Tier-0for farmers with landholding up to 12.5 Acres
2.
Loan Size
Up to PKR 150,000 for Crop Inputs AND/ORUp to PKR 200,000 Farm Machinery & Equipment
3.
Loan Tenor
Two Crop Cycles in a year for 6 months each (max. 1 year)Machinery/ Equipment financing up to 1 year
4.
Repayment
Lump-sum on or before maturity, tied-up with the crop cycle
5.
Max. Age
No limit
6.
Security Requirements
Clean (secured only by Personal Guarantee of the borrower). In addition, rules & regulations of SECP/SBP shall be complied with by MFPs.
7.
Sectors and Products
All sectors & products including Agriculture(livestock, poultry, fishery, dairy etc could be part of Kamyab Karobar)
8.
Customer Pricing
0 %
NAYA PAKISTAN LOW-COST HOUSING 🏠
کامیاب پاکستان پروگرام کی چھتری تلے نیا پاکستان کم لاگت ہاؤسنگ قرضہ جات
Loans for the construction of houses up to Rs 2.7 million will be distributed on easy terms. The loan tenor can be up to 20 years however, the subsidy will be paid up to 15 years. The size of the house should be 125 square yards (5 marlas).
S. No
Particulars
Mark up Subsidy Program
1.
Maximum Loan size
Maximum size of the loan of a single housing unit, as under Tier 1 ( NAPHDA Projects) is Rs 2.7 million
Tier 0 (Non-NAPHDA Projects) is Rs 2.0 million
2.
Size of Housing Unit
Tier 1 NAPHDA – (a) House up to 125 sq yds (5 Marla) with a maximum covered area of 850 sq ft and (b) Flat/apartment with a maximum covered area of 850 sq ftTier 0 Non NAPHDA – (a) House upto 125 sq yds ( 5 marla) and (b) flat/apartment with maximum covered area of 1,250 sq ft
3.
Maximum Price of Housing Units
Maximum Price (Market Value) of a single housing unit at the time of approval of financing, as under: Tier 1 ( NAPHDA Projects) Rs 3.5 million Tier 0 (Non-NAPHDA Projects) No cap
4.
Pricing
TIER – 0 ▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎ Loan size: Rs. 2.0 M ▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎ Customer Pricing: 2% for year 1 to year 5 4% for year 6 to year 10 5% for year 11 to year15 ▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎ TIER -1 ▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎ Loan size: Rs. 2.7 M ▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎ Customer Pricing: 2% for year 1 to year 5 4% for year 6 to year 10 5% for year 11 to year15 ——————————— Loans under T-0 (Non-NAPHDA) shall also be allowed for expansion / incremental housing to an extent of max. 5% of the housing loan portfolio of respective MFP/HFCs.For loan tenors exceeding 15 years, market-rate i.e. bank pricing will be applicable for the period exceeding 15 years.NADRA-verified applicants under Tier-1, declared bankable by MFPs/HFCs shall be entitled to Cost Subsidy @ Rs. 300,000 as approved by the Federal Cabinet, subject to fulfilment of eligibility criteria approved by the Federal Cabinet. ▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎ For NAPHDA Projects under Tier-1, ▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎▪︎ Commercial Banks, shall assess and finance Prospects/End Users shortlisted under the scheme. Furthermore, if a Commercial Bank additionally engages MFI/RSP/MFB/HFC for the provision of mortgage financing to End-Users under NAPHDA projects, the respective Bank shall be solely responsible to liaison with NAPHDA for provision of Cost Subsidy to the End-Users through Escrow arrangements to be maintained with the respective Bank. All drawdown requests from the developer shall also be handled by the respective Bank.
5.
Security Requirements
As per banks’ credit policy and prudential regulations for wholesale loans. In addition, rules & regulations of SECP/SBP shall be complied with by MFPs/HFCs.
KAMYAB HUNARMAND 🎿
کامیاب پاکستان پروگرام کے تحت کامیاب ہنرمند
محدود وسائل گھرانوں کے افراد کی مفت ووکیشنل تعلیم و تربیت
KPP is aimed to integrate with government’s ongoing Skill Development Program for educational and vocational training. Accordingly, it is being envisioned that these trained citizens shall also have access to finance and this collaboration shall be rebranded as “Kamyab Hunarmand”.
SAHATMAND PAKISTAN 🚻
Under “Sahatmand Pakistan”, it will be mandatory for anybody availing loan under KPP to obtain “Sahat Insaaf Card”, if the same facility is available in his/her area.
