Around 10,000 Chitrali flood victims had their loan waived off

Chitral — Chitral district has had the maximum loan write-offs amongst the calamity hit KP districts according to statistics released by the State Bank of Pakistan.

10,000 borrowers had obtained loan worth Rs506 million in Chitral which included 7,597 borrowers obtaining loans of Rs148.84 million from the First Microfinance Bank, which have been waived off. In Swat district, 1,900 borrowers had taken loan of Rs293.20 million, while in Malakand district, 1,179 borrowers obtained loans of Rs127.39 million and 295 borrowers in Buner district obtained Rs19.29 million.


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