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Enterprise credit in Pakistan's Northern Areas
The Aga Khan Rural Support Programme (AKRSP) has very recently introduced a commercial credit package to assist individual entrepreneurs. Having operated in the Northern Areas of Pakistan for over ten years it was decided to use established village organizations to gain informationabout suitable borrowers and to apply communal pressure to ensure loan repayment. Although the programme is in its early stages there are already some encouraging results as well as some areas of concern.
The Aga Khan Rural Support Programme (AKRSP) has very recently introduced a commercial credit package to assist individual entrepreneurs. Having operated in the Northern Areas of Pakistan for over ten years it was decided to use established village organizations to gain information
about suitable borrowers and to apply communal pressure to ensure loan repayment. Although the programme is in its early stages there are already some encouraging results as well as some areas of concern.
about suitable borrowers and to apply communal pressure to ensure loan repayment. Although the programme is in its early stages there are already some encouraging results as well as some areas of concern.
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