Loan Facility for Handicraft Artisans

The Credit and Investment Department in Lahore is offering a loan facility specifically designed for handicraft artisans. This initiative aims to provide financial support to skilled craftsmen involved in traditional arts such as making kanthis, rings, tops, necklaces, and earrings. The program targets artisans who require financial assistance to expand their production capabilities or sustain their craft. The scope of this loan facility includes various handicraft items like kanthis, rings, tops, necklaces, and earrings, reflecting the rich cultural heritage of the region. The department is facilitating this financial support to empower local artisans and promote the handicraft industry in Lahore. Eligible applicants should be registered artisans with a proven track record in handicraft production. While specific PEC categories are not applicable, artisans must demonstrate relevant experience and proper registration with local authorities. Compliance with FBR and ATL registration requirements is recommended to ensure smooth processing of applications. Interested artisans must submit their applications by the closing date of 26th June 2024. The submission should be directed to the Credit and Investment Department office located at 159-B, Main Gulberg, Lahore. For further inquiries, applicants can contact the department via phone at 021-111-003-737. A practical tip for bidders is to ensure that all required documentation, including proof of craftsmanship and financial need, is complete and well-organized. Early submission is advised to avoid last-minute complications and to allow time for any clarifications requested by the department.