Karandaaz’s 3rd FinTech Disrupt Challenge

Karandaaz Seeks Solutions for Facilitating Financial Inclusion of Women

KARACHI – Karandaaz Pakistan has launched its Financial Inclusion of Women Challenge. Through this focused challenge, Karandaaz seeks to support solutions to address the critical issue of women missing out on the benefits otherwise possible through their financial inclusion such as having agency over money, savings, and access to credit. According to 2018 Global Gender […]


UK-funded Karandaaz to Promote Sustainable Energy and Economic Development

KARACHI – A UK commitment to provide financing for renewable energy and energy efficiency to Pakistan’s industrial Small and Medium Enterprises (SME) sector has been signed by the Department for International Development (DFID).  As part of DFID’s Sustainable Energy and Economic Development (SEED) programme, Karandaaz will invest over £15 million to promote renewable energy generation […]


Access to Direct Financing for Businesses in Poultry Industry Made Easier By the UK Funded Karandaaz

KARACHI – Improved access to finance for small businesses related to the poultry industry in Pakistan has been announced by the UK’s Department for International Development (DFID) funded Karandaaz through a partnership with JSK Feeds Limited. JSK, an associated concern of the Saif Group, currently procures a considerable portion of its raw material for poultry […]


Karandaaz Study Estimates Total Value of Private Diagnostic Services Industry between USD 500 to 600 Million

Karandaaz Pakistan’s latest study provides an in-depth analysis and evaluation of Pakistan’s medical diagnostic equipment market for clinical laboratories that fall into the category of small and medium enterprises along with an assessment of the availability and need for formal financing. The aim is to provide financial institutions with insights that would allow them to […]

UK-funded Karandaaz

UK-Funded Karandaaz Paving the Way for Women-led Businesses

ISLAMABAD – The UK-funded Karandaaz has signed investment agreements with seven women-led businesses to help women’s small and medium enterprises in Pakistan. These include New Age Flour and General Mills, WebWork Solution, M-Tex, Lel, Noha Global, Kamal Impex, and Saira Rizwan. MUST READ : Karandaaz Pakistan partners with National Rural Support Programme for expansion of […]


Karandaaz Pakistan partners with National Rural Support Programme for expansion of NRSP Agricultural Processing Company Limited

KARACHI- Karandaaz Pakistan and National Rural Support Programme (NRSP)signed an equity investment agreement for scaling up Agriculture Processing Company Limited (APCL) as an Agriculture value chain proposition for small-holding farmers. APCL aims to scale up opportunities for warehousing, financial inclusion, and the incidence of rural industrialization for small-holding farmers in the rice value chain. The model has already been […]


Karandaaz Pakistan Launches a Portal on Financial Services Indicators for Pakistan

KARACHI – Karandaaz Pakistan has launched an online data portal with aggregated data on financial services and selected socioeconomic indicators for the country. The data is classified by segment—SME, Agriculture, Branchless Banking, Demographics—and also allows for detailed visualization by province, gender, age, etc., where available. Drawing on publicly available information from reputable sources, the breadth […]


Mr. Salim Raza, Ex-Governor State Bank Joins Karandaaz Board of Directors

KARACHI – Karandaaz Pakistan announced the appointment of Ex-Governor State Bank of Pakistan Mr. Salim Razaon its Board of Directors. Mr. Salim Raza has over 40 years of experience in the banking and financial sector. Mr. Raza has held the position of the 15th Governor of the State Bank of Pakistan (SBP) after having worked […]

Dr Shamshad Akhtar

Financial Sector Stalwart, Dr. Shamshad Akhtar to Head Karandaaz Board of Directors

ISLAMABAD – Karandaaz Pakistan is pleased to announce the appointment of Dr. Shamshad Akhtar as its new Chairperson, Board of Directors. Dr. Shamshad Akhtar replaces Dr. Ishrat Husain, who served as the Chairman of Karandaaz Board since the time of its inception in 2014. Dr. Ishrat stepped down following his appointment as Advisor to the […]


PKR 1 billion announced for SMEs by UK-funded Karandaaz and JS Bank

KARACHI – UK-funded company Karandaaz has signed an agreement with JS Bank to jointly make PKR 1 billion available for small and medium enterprise (SME) financing. Increased access to SME financing will create jobs, improve household incomes and boost economic growth at a macro-economic level in Pakistan. Karandaaz Pakistan, a company funded by the UK’s […]