JS Bank with Careem create 1,000 Entrepreneurs

JS Bank with Careem create 1,000 Entrepreneurs

JS Bank and Careem have acheived a remarkable achievement by creating over one thousand entrepreneurs in the very short span of 6 months. Under the scheme of Prime Minister Youth Business Loan (PMYBL), Careem & JS Bank have successfully managed to turn 1,000 Careem Captains into entrepreneurs through PMYBL loans disbursed through JS Bank.

Regarding this accomplishment Junaid Iqbal, MD Careem Pakistan stated, “Pakistan needs business visionaries and making 1,000 new occupations is only one of the commitments Careem is making to Pakistan’s economy. We endeavor to guarantee our Captains can begin their voyage towards monetary supportability and our objective is to keep on ensuring open doors for the most extreme number of individuals. We are exceptionally pleased with the plan and how far we have come in such a short measure of time.”

Basir Shamsie, Deputy CEO JS Bank, stated that, “JS Bank propelled this plan with an end goal to give a reasonable chance to maintain their own business and be business visionaries. We emphatically trust that open private organizations, sponsored by innovation arrangements, make a solid shared economy that helps spread the advantages of business enterprise to every one of its kin. Keeping in mind the end goal to additionally reinforce our recommendation for the meriting Captains of Careem, JS Bank has likewise worked together with the Mahvash and Jahangir Siddiqui Foundation to furnish them with an extra value bolster.”

Read more: Shoaib Akhtar launches Careem New Bike Service

Talking at the event, the Honorable Governor Sindh Muhammad Zubair applauded the endeavors made via Careem in acquiring an upset transportation industry. He uncommonly applauded the endeavors of Mr. Mudassir Sheikha, prime supporter of Careem Networks, for his vision and his group’s consistent execution.

Careem Captains clearing an execution model are qualified to apply for credits through JS Bank to buy their own vehicles and drive autonomously for Careem. The program has turned out to be monstrously prevalent with Careem Captains and has just contributed in finished Rs. 1 Billion in the car business through buy of autos.

Head administrator Youth Business Loan (PMYBL) is a program started by the Government of Pakistan, went for financial improvement of the nation’s childhood. Under this assention, JS Bank is putting forth financed credits at a 6% increase rate, with an end goal to encourage business enterprise in Pakistan.


Careem is the Pakistan’s driving ride-hailing administration that gives solid, sheltered and reasonable transportation decisions by means of a versatile application, on the web and through a call focus. Careem is a pioneer in the area’s ‘sharing economy’ – its central goal is to make individuals’ lives more straightforward, make a large number of occupations, and to BeCareem – to be caring, liberal, and rousing as we move the locale towards better living. Set up in July 2012, Careem works in more than 80 urban communities crosswise over 13 nations in the more extensive Middle East, including North Africa, Turkey and Pakistan. ​For more data, visit www.careem.com

JS Bank

JS Bank is one of the quickest developing banks in Pakistan, with 323 branches in 161 urban communities including one universal branch. It stays submitted towards its part as an impetus in growing such associations to help upgrade the entrepreneurial soul in the adolescent of Pakistan. JS Bank is additionally a beneficiary of the lofty honor for Best Environmental and Social Governance Bank at the Pakistan Banking Awards 2017. The Bank is a piece of JS Group, one of the Pakistan’s most broadened and dynamic monetary administrations gathering. For more data, visit http://www.jsbl.com


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