Business Startup & Equipment Financing
The leadership of Wise Education Society supports its Orphan / Needy students till their Business startups. Wise facilitates the students with equipment financing for their business startup. After getting regular skill training the skillful students shifted in Incubator Training for Self Earning under the supervision of earning experts during summer vocations. The students are ready to start their own businesses. Here at this time, Wise never leave its students along but helps the these student in this way to provide the equipment (laptop) to the students.These laptops are those which have used in skill training by the students.
These laptops with the name tags of the students will be given to the students for their solo flight (Business Startup) work at home. After this facilitation of the students, Wise instructs the students that the cost of the laptop will be returned partially on a monthly basis as per the students’ earnings through easy Installments.
The student starts paying back the amount as per the decided installment. This amount will be utilized for another student’s business startup in future.
Equipment Financing
This Financing scheme is for Wise Students
- In the first step student receives a laptop which he/she was using in skill training and Incubator training.
- The total amount of the laptop is given to the students in installments.
- The student makes the installment plan every month according to their own choice and starts paying accordingly.
- A paid receipt of the Installment is also given to the student & a message is also sent to the student for the remaining amount.
- After the repayment of the full amount, a clearance certificate is also sent to the student on his/her mobile number.
Equipment Financing Eligibility Criteria
- The student successfully completed skill training & Incubator Training.
- The applicant should have a valid CNIC.
- 3. The student should have the capacity to provide two (2) guarantors other than family members.
Documents Required
- 3 copies of CNIC.
- Latest utility bills.
- Latest photographs.
- Two guarantors.