26th June, 2019: JS Bank has joined hands with Network of Organizations Working for People with Disabilities, Pakistan (NOWPDP), an organization which focuses on inclusion and empowerment of persons with disabilities for financing of loans under the JS Naya Aghaaz SME Loan program.
Through this partnership, JS Bank will work with NOWPDP, to extend financing facilities to individuals with disabilities. Individuals possessing CNIC with disability logo and aged between 21 and 65 years will be able to apply for loans of up to PKR 1.5 Million at a highly subsidized mark-up rate of 5% only.
Reflecting upon the partnership, Basir Shamsie, President and CEO – JS Bank stated, “JS Bank is driven to create impact and build financial inclusivity through value-added partnerships. Our efforts towards this goal is strengthened through our alliance with NOWPDP, an organization that has truly achieved milestones in empowering differently abled persons across Pakistan.”
Amin Hashwani, President – NOWPDP expressed his optimism about the future of this partnership and commented, “We appreciate the step taken by JS Bank for believing in the abilities of persons with disabilities. With this initiative, we hope to see thousands of successful entrepreneurs initiating their own businesses.”
Through this alliance, JS Bank is promoting economic growth and creating opportunities for people across the country.
About JS Bank:
JS Bank is one of the fastest growing banks in Pakistan, with 345 branches in 172 cities including one international branch. The Bank is a leader in the digital banking space and distribution of insurance solutions. JS Bank has received the prestigious Asiamoney Award for ‘Best Bank for SMEs’ as well as the award for Best Environmental and Social Governance Bank at the Pakistan Banking Awards. The Bank is part of JS Group, one of Pakistan’s most diversified and progressive financial services groups. For more information, please visit http://www.jsbl.com.
Network of Organizations Working for People with Disabilities, Pakistan is a disability inclusion initiative working in the areas of education and economic empowerment since 2008. They have successfully trained 10,000+ special people across Pakistan and initiated 11 businesses by persons with disabilities. For more information, please visit www.nowpdp.org