Making your small business grow
ORIX provides reliable short to medium term financial products for the establishment and growth of micro businesses and enterprises. The microfinance programme is targeted to strengthen the economic base of urban and rural poor by increasing income earning members of a community.
Currently OLP offers following range of products under its microfinance programme:
Financing is provided to micro entrepreneurs on a profit-making basis all over the country. Under the micro leasing scheme for equipment and machinery, ORIX finance productive assets like generators, photocopiers, lathes etc.
ORIX Micro credit loans are based on group lending methodology through which peer groups of five women are self selected and incorporated into a credit council of 20 borrowers. No physical collateral is required and access to products and services is quick and prompt.
The loan recovery is based on the premise that each council member takes on responsibility for her peers and in case of emergency or non-payment, the women who constitute the council assume responsibility for timely repayment.
The 20 members comprising a council consist of married, divorced or widowed female clients. Divorced and widowed clients are encouraged in the group lending approach so that they can earn for themselves by starting a business or by increasing their existing businesses.
Poverty Alleviation Program
Innovative projects for providing soft term financing for income generation to fully recovered patients of Marie Adelaide Leprosy Centre (MALC) and Pakistan Centre for the Rehabilitation of the Disabled (PSRD) are implemented in financial assistance with Pakistan Centre for the Rehabilitation of the Disabled (SDC).
To expand the scope of financial intervention for micro enterprises and also to contribute positively towards the millennium development goals, ORIX has started providing financing to women of the poor households. Currently, ORIX is working in close relationship with the following NGOs:
ASASAH, Lahore (Punjab).
Centre for Women Cooperative Development (Punjab).
Indus Resource Centre, Sehwan (Sindh).
Marvi Samaji Tarakeyati Tanzeem, Hyderabad (Sindh).
Young Samaji Tanzeem, Juhi (Sindh).
Villagers Development Organization (Sindh).
OLP will entertain enquiries from all business entities.
Women entrepreneurs and those looking for finances to use their skills productively can opt for this financing scheme.