Burhanpur's 40-Year-Old Karz Hasna Scheme Empowers 1000+ Businessmen Interest-Free
Burhanpur
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News18•02-02-2026, 12:01
Burhanpur's 40-Year-Old Karz Hasna Scheme Empowers 1000+ Businessmen Interest-Free
- •The Bohra community in Burhanpur runs the Karz Hasna Scheme, providing interest-free loans up to 1 lakh rupees to members for starting businesses.
- •Initiated by spiritual leader Syedna Burhanuddin Saheb, the scheme aims to foster self-reliance and entrepreneurship within the community.
- •Beneficiaries can receive subsequent loans for business expansion upon timely repayment, with no interest or additional charges.
- •Operating for 40 years from Burhanpur's Zakhmi Haveli, the scheme has transformed over 1000 individuals from job seekers to job providers.
- •The Karz Hasna Scheme serves as a model for community-led initiatives to combat unemployment and promote self-sufficiency.
Why It Matters: Burhanpur's Bohra community empowers members with interest-free loans, fostering entrepreneurship and self-reliance for 40 years.
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