Lahore: Chairperson TEVTA Irfan Qaiser Shaikh is addressing a meeting at TEVTA Secretariat. Executive Director Akhuwat Amjad Saqib, Chief Operating Officer Jawad Ahmed Qureshi and others are present on this occasion.
TEVTA is desirous of providing Interest Free Loan to their graduate through Akhuwat and Akhuwat is willing to undertake interest free micro lending activities for supporting TEVTA graduates with funds amounting to PKR 500 million during the year 2015-16. The TEVTA will lend a fund of PKR 500 million to Akhuwat for interest free micro-lending to TEVTA graduates to start-up businesses and existing businesses which need capital to grow further. Loans will be ranged from amount PKR 10,000 to 100,000. Loans will be provided in Province of Punjab.
The fund of Rs. 500 million provided in the first year will be revolved, creating manifold wealth generation and employment opportunities for thousands of graduates over the project period of 10 years.
The graduates (Pass-outs) of TEVTA or present students may contact the focal person in institutions or Akhuwat / CWCD branches directly with reference to TEVTA for details / processing of applications.