Kashf-Foundation-Loan-Apply-Online

Kashf Foundation Loan Apply Online (15K-3Lakh) {Interest-Free}

Kashf Foundation Loan is a microfinance program designed to provide financial assistance and support to poor women, entrepreneurs, and small business owners especially women in Pakistan.

The Kashf Foundation Loan program offers a range of financial services including microloans, business loans, and agriculture loans to help women entrepreneurs grow their businesses.

Through its innovative approach and sustainable business model, Kashf Foundation has become a leading microfinance institution in Pakistan, helping thousands of women entrepreneurs across Pakistan.

In this article, we will explain the different types of Kashf Foundation Loan Schemes, the key features of every scheme, and the application process to get an interest-free loan from Kashf Foundation.

Kashf Foundation Loan Apply Online | Interest-Free Loan In Pakistan

Kashf-Foundation-Loan-Apply-Online
Kashf-Foundation-Loan-Apply-Online

Table of Contents

Kashf Foundation Loan Schemes

Kashf-Easy-Loan-Schemes
Kashf-Easy-Loan-Schemes

Kashf Foundation offers various loan schemes to support women entrepreneurs and small business owners in Pakistan.

These loan schemes have been designed to cater to the specific financial needs of borrowers and to help them achieve their goals. Some of the loan schemes offered by the Kashf Foundation are:

Kashf Easy Loan Scheme

Kashf-Easy-Loan-Scheme
Kashf-Easy-Loan-Scheme

Kashf Easy Loan is a microfinance loan product offered by Kashf Foundation to support women entrepreneurs and small business owners in Pakistan.

It is a convenient and accessible loan option designed to provide quick financial assistance to those who need it.

Key Features Of Kashf Easy Loan Scheme

Kashf-Easy-Loan-Details
Kashf-Easy-Loan-Details

  • Term: The loan term for Kashf Easy Loan is one year, providing borrowers with ample time to repay the loan amount.
  • Installments: The loan repayment is made through 12 monthly installments, making it easier for borrowers to manage their finances.
  • Amount: Kashf Easy Loan offers a loan amount of up to PKR 15,000, which is suitable for small business owners and women entrepreneurs who need a small amount of funds to start or expand their businesses.
  • Insurance: Life insurance is available with this loan product, providing additional security to borrowers and their families in case of unforeseen circumstances. This feature adds an extra layer of protection and peace of mind to borrowers.

Kashf Karobar Karza Scheme

Kashf-Karobar-Karza-Scheme
Kashf-Karobar-Karza-Scheme

“Kashf Karobar Karza” is a loan product offered by Kashf Foundation, a microfinance organization in Pakistan.

The product is designed to cater to the financial needs of small business owners and entrepreneurs who need capital to start or grow their businesses.

Key Features of Kashf Karobar Karza Scheme

Kashf-Karobar-Karza-Details
Kashf-Karobar-Karza-Details

  • Loan Amount: The loan amount ranges from PKR 40,000 in the first loan cycle to PKR 100,000 for subsequent loan cycles.
  • Loan Tenure: The loan tenure is 1 year (12 months).
  • Installments: The loan is repayable in 12 equal monthly installments.
  • Documentation Fee: A documentation fee of PKR 250 is charged, which is paid in monthly installments.
  • Insurance: Borrowers are required to have insurance coverage for the loan. There are two plans available: Plan A with maternity coverage, which costs PKR 1,850 per year, and Plan B without maternity coverage, which costs PKR 1,200 per year. The premium is paid in monthly installments.
  • Collateral-free: The loan is collateral-free, meaning borrowers do not need to provide any security or guarantor to get the loan.
  • Quick Disbursement: The loan is disbursed quickly after the application is approved, usually within a few days.
  • Flexible Repayment: The loan offers flexible repayment options, including the ability to make early repayments without any penalties.
  • Business Development Services: Borrowers also have access to business development services, such as training and mentoring, to help them grow their businesses.

Kashf School Sarmaya Scheme

Kashf-School-Sarmaya-Loan-Scheme
Kashf-School-Sarmaya-Loan-Scheme

Kashf Foundation is a microfinance institution that aims to empower women and families in Pakistan by providing them with financial and social services.

One of the financial products offered by Kashf Foundation is the Kashf School Sarmaya, which is designed to provide affordable financing to parents who want to send their children to school.

Key Features Kashf School Sarmaya Loan Scheme

Kashf-School-Sarmaya-Loan-Details
Kashf-School-Sarmaya-Loan-Details

  • Term: The loan term for Kashf School Sarmaya is 12-18 months.
  • Installments: The loan is repaid in 12-18 monthly installments.
  • Amount: The minimum loan amount for the 1st loan cycle is PKR 60,000 in case of loan tenured at 12 months and PKR 75,000 in case of loan tenured at 18 months. The maximum loan amount for the 1st loan cycle is PKR 200,000, while the maximum loan amount for the 2nd loan cycle is PKR 300,000.
  • Documentation Charges: A fee of PKR 500 is charged for documentation.
  • Insurance Charges: Insurance charges are 2% on PKR 20,000 and 1% on the remaining amount.
  • Training Fees: A fee of Rupees 1,000 is charged for training, which will be paid along with the first installment.
  • Insurance: Insurance is not applicable for Kashf School Sarmaya.
  • School Profit: The school profit ranges from Rupees 8,000 to 70,000.
  • Age Limit: The client and nominee should be between 18 to 63 years for 12 to 18-months loan tenure.

Kashf Mahweshi Karza Scheme

Kashf-Mahweshi-Karza-Scheme
Kashf-Mahweshi-Karza-Scheme

One of the financial products offered by Kashf Foundation is the Kashf Mahweshi Karza, which is designed to provide affordable financing to women who want to purchase livestock.

Key Features Kashf Mahweshi Karza Scheme

Kashf-Mahweshi-Karza-Details
Kashf-Mahweshi-Karza-Details

  • Amount: The loan amount ranges from PKR 30,000 to 100,000 for Option 1 and PKR 100,001 to 150,000 for Option 2.
  • Use: The loan is intended for livestock animal purchase.
  • Term: For Option 1, the loan term is 12 months, and for Option 2, the loan term is 18 months. For Option 3, the loan term is 12 months with two bullet payments.
  • Installments: For Option 1, the loan is repaid in 12 monthly installments. For Option 2, the loan is repaid in 6 monthly installments for the first 6 months and 12 monthly installments for the remaining 12 months. For Option 3, the loan is repaid in 12 monthly installments with two bullet payments.
  • Documentation Charges: A fee of PKR 500 is charged for documentation.
  • Training Fees: A fee of Rupees 1,000 is charged for training, which will be paid along with the first installment.
  • Age Limit: The client and nominee should be between 18 and 63 years.

Kashf Marhaba Loan Scheme

Kashf-Murabaha-Loan-Scheme
Kashf-Murabaha-Loan-Scheme

One of their flagship products is the Kashf Marhaba Loan Scheme, which is designed to provide easy and affordable access to credit for small businesses and individuals.

Key Features Of Kashf Marhaba Loan Scheme

Kashf-Murabaha-Loan-Details
Kashf-Murabaha-Loan-Details

  • Loan Term: The loan term for the Kashf Marhaba Product is one year, which provides flexibility to the borrower to repay the loan according to their cash flows.
  • Installments: The loan is repayable in 12 monthly installments, which makes it easier for borrowers to manage their repayments.
  • Loan Amount: The loan amount for the first loan cycle is PKR 35,000, which is a reasonable amount for small businesses and individuals. The upper limit for the loan amount is PKR 75,000, which provides a higher limit for borrowers who have a good credit history with Kashf Foundation.
  • Documentation Charges: The documentation charges for the Kashf Marhaba Product are PKR 400, which is a reasonable fee for the processing of loan documents.
  • Collateral-free: The loan is collateral-free, which means that borrowers do not need to provide any security or collateral to avail of the loan.
  • Fast Processing: The loan processing time for the Kashf Marhaba Product is fast, which enables borrowers to receive their loans quickly and use the funds for their business or personal needs.

Kashf Sahulat Karza Scheme

Kashf-Sahulat-Karza-Scheme
Kashf-Sahulat-Karza-Scheme

Kashf Sahulat Karza Scheme is a microfinance initiative launched in Pakistan to provide easy access to credit for low-income individuals and micro-entrepreneurs.

This scheme aims to help the financially marginalized population to overcome their financial challenges and fulfill their basic needs.

Key Features Of Kashf Sahulat Karza Scheme

Kashf-Sahulat-Karza-Details
Kashf-Sahulat-Karza-Details

  • Loan Duration: The loan duration is 6 months.
  • Installments: The loan amount is divided into 6 monthly installments, making it easier for the borrowers to repay the loan.
  • Loan Amount: The loan amount is PKR 5,000, which is a small amount suitable for meeting basic financial needs.
  • Documentation: The loan application process does not involve any processing fee or complicated documentation requirements, making it easier for low-income individuals to apply.
  • Insurance: This scheme does not require any insurance, which makes it more affordable for the borrowers.

Kashf Foundation Loan Application Process

Kashf-Foundation-Loan
Kashf-Foundation-Loan

Kashf Foundation is a Pakistani microfinance institution that provides microcredit loans to low-income women entrepreneurs.

If you want to apply for a loan at Kashf Foundation, you can follow these steps:

Find Your Nearest Kashf Center

Visit the Kashf Foundation website and click on the “Find a Kashf Center” button. Enter your city, town, or village name to locate the nearest Kashf center. Note down the address and phone number of the center for future reference.

Visit The Kashf Center

Visit the nearest Kashf center during working hours (usually 9 a.m. to 5 p.m.). You can find the working days and timings of your center on the Kashf Foundation website.

Attend the Information Session

When you arrive at the Kashf center, you will be asked to attend an information session about the loan application process. During the session, a Kashf staff member will explain the loan terms and conditions, repayment schedule, interest rate, and other important details. You will also be given an application form to fill out.

Submit The Application Form

After attending the information session, you can fill out the loan application form. The form will require you to provide your personal information, income details, and the purpose of the loan. You will also be asked to provide the names of two references who can vouch for your character and creditworthiness.

Provide Required Documents

Along with the loan application form, you will need to provide some documents to support your application. These documents may include:

  • CNIC (Computerized National Identity Card)
  • Two passport-size photographs
  • Proof of income (e.g. utility bills, pay slips, bank statements, etc.)
  • Business registration documents (if applicable)

Interview With The Kashf Staff

Once you have submitted your loan application form and the required documents, a Kashf staff member will interview you to assess your creditworthiness and the feasibility of your business plan. During the interview, you will be asked about your business idea, your experience in the relevant field, your current income and expenses, and your plans for loan utilization.

Loan Approval

If your loan application is approved, you will be notified within a few days. You will be asked to attend a loan disbursement ceremony where you will sign the loan agreement and receive the loan amount. The loan amount will be deposited in your bank account or given to you in cash, depending on your preference.

Loan Repayment

You will need to repay your loan in monthly installments as per the repayment schedule agreed upon at the time of loan approval. The repayment schedule will be designed according to your income and cash flow. You can make your monthly loan payments at the Kashf center or through mobile banking.

Kashf Foundation Contact Number

Kashf-Foundation-Contact-Number
Kashf-Foundation-Contact-Number

Here is the contact information for the Kashf Foundation:

  • Website: https://kashf.org
  • Email: info@kashf.org
  • Helpline: +92 42 111 527 423
  • Address: Kashf Foundation, Head Office, 49-A, Block XX, Phase III, DHA, Lahore, Pakistan.

You can also find the contact information for the nearest Kashf center by visiting their website or calling the helpline number.

Kashf Foundation Loan Pros And Cons

Kashf-Foundation-Loan-Schemes
Kashf-Foundation-Loan-Schemes

Pros Of Kashf Foundation Loan

  • Easy Access to Finance: Kashf Foundation provides easy access to finance for low-income women entrepreneurs who do not have access to traditional banking services.
  • Women Empowerment: Kashf Foundation focuses on empowering women entrepreneurs by providing them with financial resources, training, and support to start and grow their businesses.
  • Interesr-free: Kashf Foundation offers interest-free microcredit loans for women entrepreneurs to borrow money.
  • Flexible Repayment Terms: Kashf Foundation offers flexible repayment terms, allowing borrowers to repay their loans in installments that suit their cash flow and income.
  • Non-Collateralized Loans: Kashf Foundation does not require collateral for microcredit loans, making it easier for women entrepreneurs to access finance.

Cons Of Kashf Foundation Loan

  • Limited Loan Amount: Kashf Foundation provides small loans ranging from PKR 20,000 to PKR 200,000. This may not be sufficient for some women entrepreneurs who need a larger amount of capital to start or expand their businesses.
  • Stringent Loan Application Process: The loan application process at Kashf Foundation may be lengthy and require extensive documentation, making it challenging for some women entrepreneurs to access finance.
  • High Risk of Default: Since the Kashf Foundation provides loans to low-income women entrepreneurs who may not have a steady income source, there is a higher risk of default compared to traditional lenders.
  • Focus on Women Borrowers Only: Kashf Foundation only provides loans to women borrowers, which may limit access to finance for men who are also in need of microcredit loans.
  • Limited Geographical Coverage: Kashf Foundation has limited geographical coverage and may not be available in all areas of Pakistan, making it challenging for women entrepreneurs in remote or rural areas to access finance.

Kashf Foundation Loan | FAQs

What is the Kashf Foundation?

Kashf Foundation is a Pakistani microfinance institution that provides microcredit loans to low-income women entrepreneurs.

The foundation was established in 1996 and has since helped thousands of women entrepreneurs in Pakistan to start and grow their businesses.

Who is eligible to apply for a Kashf Foundation loan?

Kashf Foundation loans are available to low-income women entrepreneurs in Pakistan. The borrower must have a viable business idea and be able to demonstrate the ability to repay the loan.

How much can I borrow from Kashf Foundation?

Kashf Foundation provides microcredit loans ranging from PKR 15,000 to PKR 300,000.

How do I apply for a Kashf Foundation loan?

To apply for a Kashf Foundation loan, you need to visit the nearest Kashf center, attend the information session, fill out the loan application form, provide the required documents, and undergo an interview with Kashf staff.

What documents are required to apply for a Kashf Foundation loan?

The documents required to apply for a Kashf Foundation loan include CNIC (Computerized National Identity Card), two passport size photographs, proof of income, and business registration documents (if applicable).

How long does it take to process a Kashf Foundation loan application?

The loan application process at Kashf Foundation can take a few weeks to a few months, depending on the borrower’s application and the loan amount.

How do I repay my Kashf Foundation loan?

Kashf Foundation loans are repaid in monthly installments as per the repayment schedule agreed upon at the time of loan approval. Borrowers can make their monthly loan payments at the Kashf center or through mobile banking.

Can I apply for a second loan from Kashf Foundation if I have already repaid my first loan?

Yes, you can apply for a second loan from Kashf Foundation if you have already repaid your first loan. However, you must have a good repayment history and a viable business idea to be eligible for another loan.

What happens if I am unable to repay my Kashf Foundation loan?

If you are unable to repay your Kashf Foundation loan, you should contact the foundation as soon as possible to discuss your situation.

The foundation may work with you to develop a repayment plan or offer other solutions to help you repay the loan.

How much loan can I get through the Kashf Sahulat Karza scheme?

Kashf Sahulat Karza provides existing clients with quick access to cash for emergency expenses or needs.
The loan amount for Kashf Sahulat Karza is typically PKR 5,000.
The loan term for Kashf Sahulat Karza is six months.

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