Telenor microfinance bank offers a wide range of loans to all the customers who are not catered by commercial banks. It aims to provide loans to low-income earners to strengthen their financial position and boost our economy.
Here is the list of all the types of loans offered by Telenor Microfinance Bank:
- Telenor Karobar loan
- Telenor Sarmaya Loan
- Telenor Gold Card Loan
- Telenor Apni Chaat Loan
- Telenor Group Loan
- Telenor Agri financing
- Telenor Dairy financing
- Telenor Livestock Financing
- Telenor Salary Loan
- Telenor Micro-Enterprise Loan
- Telenor School Financing
Telenor Karobar Loan
Telenor Karobar aims to provide lending facilities to small scale entrepreneurs who need startup capital or finance for business growth. These small scale business operating entrepreneurs are not able to lend loans from the commercial banks as they do not have any financial statements of the businesses to show the banks. These business have no certain future in the market which makes them less reliable and they have no collateral to offer as security to banks.
Telenor Karobar understands these difficulties that small scale business entrepreneurs face and knows how important these small scale firms are for our economy. It believes that behind every successful large firm is a small scale, newly entrant firm.
Telenor Sarmaya Loan
Telenor Sarmaya Qarza aims to provide loans to those customers who need quick finance by keeping their assets for the security purpose. Customers do not have to sell their non-current assets as they can provide PDRS, gold jewelry, and any form of government security as collateral.
Telenor Gold Card Loan
Just like the Sarmaya loan, Telenor offers its customers gold card loans to fulfill their quick financial need which can be related to personal, family, or the business by keeping their assets for security purposes. So borrowers do not need to dispose-off these non-current assets but can offer them as collateral until the loan has been paid off.
Telenor Apni Chhat Loan
Telenor Apni Chhat loan is designed for low-income earners by giving them an opportunity for extension or improvement of their homes. The process to apply for this loan is very simple and easy and suitable for all potential microfinance customers.
Telenor Group Loan
This type of loan allows a group of people to borrow the loan and repay it all together. All micro-entrepreneurs, women, and farmers can benefit themselves with this loan to fulfill their business needs. This loan is available for people who live in urban and rural areas of Pakistan.
Telenor Agri financing
Telenor Agri financing loan is designed to provide loans to the farmers. Pakistan is an agricultural based country and its economy is dependent upon agriculture. This type of loan facility provides small landlords and farmers to fulfill their business needs. This will not only help those farmers living in rural areas to raise their standard of living but will also help Pakistan to generate higher revenue as most of the crops produced in Pakistan are exported to other countries resulting in high foreign earnings.
Telenor Dairy financing
Pakistan is one of the leading milk producers in the world. Many potential unemployed dairy farmers cannot practice farming due to a lack of financial resources. Telenor dairy financing will help them fulfill their business needs.
Telenor Livestock Financing
Livestock farming is widely practiced in different areas of Pakistan and many farmers depend on their incomes generated from it. Telenor livestock financing will help the livestock farmers to establish their business or cater to their growing need for finance to utilize in their livestock business.
Telenor Salary Loan
cThis loan helps to cater to the financial needs of low-income earners who cannot afford to take loans from the commercial bank and needs financial assistance for their day to day expenditure.
Telenor Micro-Enterprise Loan
Micro enterprises are run by micro financed entrepreneurs who are not able to borrow loans from commercial banks. These firms employ very few numbers of the workforce. To help these types of firms grow and get stable in the future, Telenor microenterprise loan has been designed.
There are three variants of this loan:
1. Gold-backed financing
2. Dairy animal financing
3. Unsecured loans
Telenor Private School Financing
Many children in Pakistan are deprived of education due to the high rate of poverty. Telenor private school financing has collaborated with the Center for Economic Research in Pakistan (CERP) and Aman foundation to help these needy children and provide them the key to their successful future by educating them.
