Individual loans will go to urban and rural markets. Micro-enterprises / traders / farmers engaged in the production / manufacturing, processing, marketing / sale / marketing of goods and services to develop, expand and manage established / new business activities.
Fori Cash Loan Benefits:
1. Provision of working capital to support normal micro-businesses. This will include the purchase of raw materials, inventory and other services to boost the production of goods and services within the existing business.
2. Granting of loans for the purchase of various assets. These assets will be used in income generating business activities.
3. Agricultural activities that cover the purchase of agricultural inputs, tunnels, tools, implements, assets, and working capital.
4. Livestock, agriculture, milking, breeding, fattening, trade, working capital, tools and implements and related asset purchases.
Fori Cash Loan Eligibility Criteria
1. Net of business expenses Rs. 1,200,000
2. Age between 25-58 years (first loan cycle) 25-60 years (second and third loan cycle).
3. Minimum business experience of 2 years
4. Holding valid CNIC
5. Not defaulting on any financial institution and public services.
6. Reside or work in launch cities for at least 2 years.
Fori Cash Loan Features:
1. Guarantee: Gold / Gold Ornaments
2. Tenure: 1 – 12 months
3. Repayment Options: EMI/Quarterly/Bullet/Lump Sum
4. Loan Ticket: PKR- 25,000/- to 350,000/-
5. Lead Time: 2-3 Hrs.
6. Loan Insurance: Free Loan Insurance in Case of Death / Permanent Disability
7. Early settlement: Allowed
How to Apply For Mobilink Microfinance Bank Fori Cash Loan?
Visit your nearest Mobilink Microfinance Bank to apply for a loan and further information. Click to explore bank branches: https://www.mobilinkbank.com/our-branches
Mobilink Microfinance Bank Contact Information:
1. Address: 3-A/2 F-8 Markaz Islamabad
2. Phone: 051 2817070 77
3. Customer Service, complaints and feedback: 051-2817076
4. Email: info@mobilinkbank.com
