Business Enhancement Loan
- BEL product has been specially designed to increase the monthly income level of entrepreneurs for scaling up their enterprise development streak by through the loan provision of 5500-9000 PKR loan range.
- BEL is the subsidiary Loan of CED product given to enhance the productivity of borrowers existing business ranging from 45,000 to 70,000
- Under this umbrella those clients will be entertained who have availed minimum 1 CED loan. However new clients can also be treated under this product.
- In each group, only one new client can be entertained.
- In case new client will be entertained he/she will be eligible to get loan ranging from Rs. 45,000 to Rs. 50,000.
- To avail the facility of BEL product clients must have their own bank accounts and their cheques will be collected as collateral.
- The client must have 2 to 3 years of business experience.
- Minimum cash saving should be Rs. 8,000 for RCDP clients and Rs. 10,000 for new clients as per cash flow analysis before disbursement of loans.
- Area Manager will appraise minimum 30% of BEL’s loans before disbursement.
