The prime minister’s Kamyab Jawan Programme is the government's latest initiative to improve the entrepreneurial culture in Pakistan and making the youth of the country economically independent. Under the ‘Kamyab Jawan Programme’, one hundred billion rupees will be distributed among youth as loans for their business ventures. The youth will be provided loans under three categories and the scheme will benefit one million youth. Here is all you need to know about the programme, from its eligibility criteria to application process. Eligibility Criteria Loan size Size of the loan is segregated into two tiers, as under: Loan type Working capital loans and term loans. Loan Tenor Up to eight years with maximum grace period of up to one year. Debt to Equity ratio The borrower's contribution of equity would be in the form of cash or immovable property and will be required after approval of the loan. Focus on Women 25 per cent of the loans will go to women borrowers. Security requirements Security arrangements will be as under: Pricing Pricing for Working Capital and Term Loans: Application form To ensure transparency, the entire program is made available on a digital platform and a scorecard has been developed on the basis of artificial intelligence to run the program.