Livestock is an important asset and source of income in rural areas of Pakistan. FIRST Maveshi Sarmaya is a short to medium duration loan, which is offered to farmers, especially women, to progress the output of existing large animals, buy livestock animals for dairy, as well as for breeding and fattening, poultry and fish farming.
Microfinance bank FIRST Maveshi Sarmaya Eligibility Criteria
a) Annual income (net of business expenses) not exceeding PKR 1,200,000
b) Valid CNIC
c) Age between 18 and 65 years
d) Experience: One year of raising and fattening cattle; Three years’ experience in dairy farming, poultry farming and fish farming.
e) Existing businesses (livestock, poultry farm, fish farming) are required.
Microfinance bank FIRST Maveshi Sarmaya Purpose of Credit
a) Breeding and fattening of animals
b) Improved productivity of existing dairy animals
c) Purchase of new livestock animals
d) Poultry farming activities (broilers and layers)
e) Fish farming activities (pond preparation and layer / finger fish)
Microfinancebank FIRST Maveshi Sarmaya Loan Amount
Ø Minimum: PKR 20,000
Ø Maximum: PKR 350,000
Microfinancebank FIRST Maveshi Sarmaya Loan Tenor
Ø Up to 48 months
Microfinancebank FIRST Maveshi Sarmaya Loan Repayment
Ø Equal Installments
Ø Bullet Repayment
Microfinance bank FIRST Maveshi Sarmaya Required Documents
a) Group Guarantee
b) Personal Guarantee
c) Third-Party Guarantee
d) Lien on National Saving Certificates/Deposit Account
e) Property Documents
How to Apply For The First Microfinance bank Ltd loan Programs
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 Microfinancebank 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: info@mfb.com.pk