Total Facility Amount: PKR 100 Million
Karandaaz is improving access to finance for small businesses related to the poultry industry in Pakistan by providing directed financing through a medium-term loan to JSK Feeds Limited. JSK, an associated concern of the Saif Group, currently procures a considerable portion of its raw material for poultry feed manufacturing from the small farmers. This directed financing from Karandaaz will enable JSK Feeds to develop its supply chain by funding its small and medium sized maize crop farmers to purchase farm inputs. These farmers are typically not considered credit worthy by the formal financial sector such as banks.