ISLAMABAD: Chairperson of Prime Minister’s Youth Loan Scheme, Maryam Nawaz Sharif has said that the young people are fully capable to produce results and boost economy of the country.
She said that the youth will change the lives after utilizing the loan money of the Prime Minister’s Scheme in a viable business.
Talking to a private television channel, she said that as many as 55 business plans are available on the websites of SMEDA for initiating business in the country.
She said that youth cannot get the loan facility without a business plan.
The Chairperson said that some 35 lakh young people had downloaded the business proposals from the SMEDA website.
Maryam Nawaz said that youth are the future architects of the country. She said: “We must trust in youth abilities and they will bring progress and prosperity for their families.”
To a question, she said that some 100,000 young people can be able to start businesses in the country through this loan scheme.
Replying to another question, she said that the young people will establish their businesses and they will become independent after utilizing the loan facility in projects.
She said that applications can be submitted in any of the National Bank of Pakistan branch, First Women Bank and SMEDA.
She said: “We are fully confident that the youth after obtaining the loan facility would produce results and return the money to the banks with a specified interest.”
To a question, she said that Prime Minister Nawaz Sharif had fulfilled the promises made with youth during the election campaign.