National News

PMYBL scheme produces number of success stories

ISLAMABAD, (MILLAT ONLINE/APP): Prime Minister’s Youth Business Loan
Scheme (PMYBL) has helped not only one women reach her aspirations
and a better income status but also created multiplier effect and
helped 15 other households who received employment.
This is just one example of how PMYBL scheme, one of many
success stories is of a women from Larkana, Samina Parveen Bhutto,
who changed her life and materialize her aspirations of opening her
own school by utilizing PMYBL scheme.
Samina Parveen talking to APP said “she was working as an in-
charge of a primary school at the age of 22 however, she always
dreamed of opening up her own school, adding that at the age of 27
she procured a loan via PMYBL Scheme and opened up a school called
“Quad-e-Awan School” starting from Nursery to class 5.
She said that currently 15 other employees 15 also working in
her school and educates 200 students.
As a school incharge she was earning 10,000 per month and now
her income has increased to Rs.40,000 per month.
Another 30 year old women ‘Farhana Shabbir’ from Bahwalpur who
had no means of income procured a loan from PMYBL scheme and
invested it in cattle farming. Today she has two cows and 13 calves
which are used to sell milk and the valves are bred for Eid-ul-Azha
Qurbani season.
She claims that now her monthly income is Rs.50,000 per month
from the milk she sells and expects to have an income of up to
Rs.6000,000 over the sacrifice season by selling the bred animals.
Her family of six is involved in this family business and
their life has completely changed from having no come to now
sustainable monthly earnings to support her family.
Talking to APP she said that now her three kids are able to
attend school due to change in their financial circumstances.