soft loan


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Related to soft loan: Hard Loan

soft loan

n
(Banking & Finance) a loan on which interest is not charged, such as a loan made to an undeveloped country
References in periodicals archive ?
At present, the site of the agrarian department has a list of borrowers applying for a soft loan.
The provincial government has earmarked P1 million for its 'fly now, pay later' program, a soft loan with a 5-percent interest rate targeting job seekers applying for overseas jobs.
A soft loan agreement between the Governments of the two countries, cooperation deals between the Ministries of Labor and Social Protection will be signed during the meetings.
LAHORE -- Punjab Minister for Specialized Healthcare and Medical Education Khawaja Salman Rafique has directed the Punjab Health Foundation to take immediate steps for launching soft loan and small loan schemes to the young doctors, house officers and senior general practitioners for setting up their clinics and purchasing necessary equipment.
He said that soft loan of Rs two lakh was also being offered to nurses and paramedics.
30 (Petra) -- Japan has transferred a $170 million in soft loan to Jordan as a direct support to the general budget, a Planning and International Cooperation Ministry's statement said on Saturday.
The world's largest stretch of ship-breaking beaches on Alang-Sosiya, in Gujarat's Bhavnagar district of India, will be upgraded through a $76 million soft loan from the Japan International Cooperation Agency (JICA).
He added that e1/4100 million will be granted as a soft loan by the French Development Agency.
The MoO had set a recoverable five-year soft loan of $400m for the super-giant West Qurna-1 oilfield to be paid by ExxonMobil and Shell.
The final figure will materialize at the time of the launch of the housing program, but there will undoubtedly be more than one million units sold by soft loans or loans from the Real Estate Development Fund, the Real Estate Development Fund will contribute to lending and also the Public Investment Fund will contribute to soft loan sale in the housing sector.
6 billion to counter an Indian offer for a soft loan for the power sector.
Summary: Japan has signed Wednesday a soft loan deal worth EGP 1.