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Showing posts from September, 2022

Small Business Finance Corporation

However, with social media digitizing the market place and bringing it into the virtual sphere, it has made room for small ventures to take on the hegemony of big brands. The department has initiated a loan mark-up scheme for critical value position SME industries to ensure affordable access to finance as well as an enterprise development fund to encourage entrepreneurship at all levels. You can also start clothing business online, if you do not have a place and have less investment. According to the World Trade Organization, since 1998 to 2017, the number of natural disasters has increased tremendously. During the period under review, a total of $2.9 trillion direct economic losses have been reported by disaster-hit countries. However, the rupee is also depreciating against the dollar, posing another threat for the businesses. However, due to the ongoing crisis, the unemployment rate is expected to reach alarming levels. Similarly, the World Bank has also warned that Pakistan migh...