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News Update
Qarz-e-Hasan Scheme
Computer lab at the RICA
Quize Compention of RICA
Economic Development
Qarz-e-Hasan Scheme of the FSC remains to be its first project, which was taken up in November 1994, in the very year of its inception. Since then, it has served hundreds of needy people by providing them short-term interest-free loans, primarily for income generating ventures. Although the Scheme is facing some functional difficulty for the last few years due to blockage of the credited amounts, however, efforts are being made to realize the corpus as early as possible for making it available to fresh beneficiaries.
Meanwhile, government norms have changed in the field of micro-credit. Accordingly, the FSC is considering formation of a credit and thrift cooperative society on interest-free principle.
