Karandaaz
BUSINESS

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
BUSINESS

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
BUSINESS HEADLINE

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 […]

BUSINESS

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 […]

BUSINESS

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 […]

BUSINESS

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
BUSINESS

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 […]

BANKING BUSINESS

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 […]

BUSINESS

Karandaaz Continues to Promote FinTech Innovation

ISLAMABAD – Karandaaz Pakistan signed grant agreements with the winners of its third ‘FinTech Disrupt Challenge’ at a ceremony in Islamabad. The annual challenge,run with the support from the Bill & Melinda Gates Foundation, funds startup ideas that use technology to bring financial services to the underserved segments of economy and create a social impact.In […]

BUSINESS SCI-TECH

Matilda Solutions, Love for Data, and AgriMart Shine as the Brightest Ideas in Karandaaz FinTech Disrupt Challenge 2018

KARACHI –  Karandaaz Pakistan announced ‘Matilda Solutions’, ‘Love for Data’, and ‘AgriMart, as the winners of its third round of annual FinTech Disrupt Challenge after a close competition between 16 extraordinary technology startups with ideas for financial inclusion. The three outstanding FinTechs will each receive a funding up to $100,000 from Karandaaz to implement their […]