Facility of Financing for Educational Institutions up to PKR 1 Million
To support quality education, The First MicroFinance Bank provides funding facilities for private educational institutes (including private schools, registration centers, technical / training academies) that require funding for capacity building (staff training / teachers), curriculum development, infrastructure development (laboratory construction). , construction of classrooms, development of sports facilities, etc.) and acquisition of assets. Private Institute Finance (PIF) is a multifaceted proposition designed to provide a range of solutions to Educational Institutions (EI). On the one hand, it provides financial support to educational institutes and, on the other, it provides financial solutions to meet the diverse needs of these institutions.
Microfinance bank Private Institution Finance Eligibility Criteria
a) Valid CNIC
b) Age between 18 and 65 years
c) Business experience of at least 3 years
d) Entrepreneurs who operate private schools, enrollment centers, technical education centers, etc.
Microfinance bank Private Institution Finance Purpose of Credit
a) Construction / renovation of institutional buildings;
b) Purchase of furniture, equipment, computers, etc.
c) Establishment / expansion of laboratories;
d) Purchase / repair of school van;
e) Tools to improve the quality of education: teacher training and development, software and hardware equipment, technical evaluations, improvement of the curriculum.
Microfinancebank Private Institution Finance Lending Methodology
Ø Individual Basis
Microfinancebank Private Institution Finance Loan Amount
Ø Minimum: PKR 350,001
Ø Maximum: PKR 1 Million
Microfinancebank Private Institution Finance Loan Repayment
Ø Equal Monthly Installments
Ø Equal Quarterly Installments
Microfinance bank Private Institution Finance Required Documents
a) Personal Guarantees
b) Cash/Near Cash Instruments
c) Property (residential, commercial and agriculture land)
How to Apply For The First Microfinance bank Ltd Loan Programs
Ø Click to explore the bank branches. Visit the nearest bank to apply for your favorite loan program: https://www.fmfb.pk/contact-us/branch-locator/
The First Microfinance bank Ltd Contact Information
Ø 16th/ 17th Floors, Habib Bank Tower, Blue Area, Islamabad.
Ø Toll Free: 0800-FIRST (34778)
Ø Fax: (+92-51) 2821817
Ø Email: firstname.lastname@example.org