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Livestock Loan (LSL)
Product Description: The loan is provided to expand the business of Livestock. The business may be existing or new with a complete developing plan.
 
Credit Limit: PKR 10,000 - 30,000
Loaning Methodologies: Group Lending
Group Size: 3 to 5 Members
Eligibility Criteria:

- Holding valid CNIC
- Age between 18-60 years.
- Not a defaulter of any financial institution
- Annual income (net of business expenses) less than Rs. 300,000

Detail of Charges: Loan Processing Fee: 3.25% of Loan Amount
Markup Rate: 22.67% flat rate of loan amount per year
Other Services: Loan Insurance: In case of death/perminant disability, outstanding loan amount would be settled
Guarantee/Collateral: Mutual guarantee by group members
Repayment Schedule: 12 Months
Repayment Mode: Equal Monthly Installment (EMI)  /  Semi-annually
 
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Pak Oman Microfinance Bank Limited is a nationwide micro finance bank with a paid-up capital of Rs. 500 million. Sponsors are Govt.
Livestock Loan (LSL)
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Product Description: The loan is provided to expand the business of Livestock. The business may be existing or new with a complete developing plan.
 
Credit Limit: PKR 10,000 - 30,000
Loaning Methodologies: Group Lending
Group Size: 3 to 5 Members
Eligibility Criteria:

- Holding valid CNIC
- Age between 18-60 years.
- Not a defaulter of any financial institution
- Annual income (net of business expenses) less than Rs. 300,000

Detail of Charges: Loan Processing Fee: 3.25% of Loan Amount
Markup Rate: 22.67% flat rate of loan amount per year
Other Services: Loan Insurance: In case of death/perminant disability, outstanding loan amount would be settled
Guarantee/Collateral: Mutual guarantee by group members
Repayment Schedule: 12 Months
Repayment Mode: Equal Monthly Installment (EMI)  /  Semi-annually