Karandaaz Capital

Supporting Access to Finance for Businesses
through Commercial Investments

Al Haj FAW Motors (Private) Limited

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AL HAJ FAW is part of AL HAJ Group of Companies, with a diversified industrial presence. The company is engaged in assembly and after-sale service of Light and Heavy Commercial Vehicles and passenger cars since 2012. The financing from Karandaaz for FAW is being utilized for onward financing of Light and Heavy Commercial Vehicles to the small truckers who would otherwise have limited or no access to financing from the formal sources due to stringent collateral-based lending models. It is estimated that approximately 265 direct and indirect jobs have been supported as a result of this intervention from Karandaaz.

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Non-profit company registered under Section 42 of the Companies Act, 2017