-align: justify;">ISLAMABAD, Nov 27 (APP):As part of its commitment to uplift underprivileged communities, the government has provided interest-free loans to over 25,000 families in October 2024 through the Pakistan Poverty Alleviation Fund (PPAF).
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-align: justify;">The initiative, implemented in collaboration with partner organizations, has disbursed loans worth 1.2 billion rupees to ultra-poor households across the country.
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-align: justify;">According to an official source, the program aims to enhance financial inclusion, create sustainable livelihoods, and empower economically marginalized segments of society.
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-align: justify;">This effort is expected to improve the economic conditions of beneficiaries by enabling them to earn better incomes, support their families, and achieve self-reliance.
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-align: justify;">The government remains steadfast in its mission to promote financial stability and reduce poverty nationwide.
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-align: justify;">Interest Free Loan Programme is one of the major components of the National Poverty Graduation Initiative financed by the Government of Pakistan.
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-align: justify;">The programme that feeds into PPAF’s overall approach for poverty graduation approach provides interest free loans to the target population through the loan centers.
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-align: justify;">The programme is being implemented in more than 100 districts in provinces/regions including Punjab, Sindh, Balochistan and Khyber Pakhtunkhwa provinces and three regions namely Islamabad Capital Territory, Gilgit Baltistan and Azad Jammu and Kashmir.
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