APP
ISLAMABAD
Pakistan Poverty Alleviation Fund (PPAF) has so for disbursed an amount of Rs 184.94 billion approximately to its 134 Partner Organizations in 130 districts across the country since its inception in April 2000 to March this year.
During the period, 8.4 million individuals availed the PPAF microcredit financing, while 36,300 water and infrastructure projects completed, 2,000 health and education facilities supported, 440,000 credit groups and 132,500 community organizations formed.
Under the PPAF initiative 111,000 individuals were trained through managerial and skills/entrepreneurial training events, 108,000 ultra and vulnerable poor households received productive assets, 282,000 interest free loans disbursed through Prime Minister Interest Free Loan (PMIFL) scheme, official sources told APP.
Almost 26,000 individuals including women and youth trained on enterprise development under Waseela-e-Haq National and Waseela-e-Haq Sindh programme of Benazir Income Support Programme (BISP) and facilitated in establishing their successful venture, and 30,800 persons with disabilities rehabilitated.
According to details available on Economic Survey 2016-17 the current fiscal year among the disbursed amount of Rs. 9.207 million, Rs. 5,415 million were distributed through Microfinance Portfolio Management, Rs. 2,269 million through Prime Minister’s Interest Free Loan, Rs. 522 million through Institutional Development and Social Mobilization, Rs. 413 million through Water and Infrastructure, Rs. 375 million through Education, Health and Nutrition and Rs. 213 million through Livelihood, Employment and Enterprise Development.
