Mar 9, 2020
U Microfinance Bank Ltd. signed a grant agreement with Karandaaz Pakistan, with funding from Bill & Melinda Gates Foundation. The grant will help U Bank further its mission of financially including more women. U Bank won the grant through a competitive application process via Karandaaz’s Digital Experiments program.
Feb 12, 2020
Islamabad: Karandaaz Pakistan has signed grant agreements with 2 FinTechs, Oraan Tech Pvt. Ltd. and Techlets Pvt. Ltd, with funding from Bill & Melinda Gates Foundation and a separate one with NRSP Microfinance Bank with funding from UK’s Department for International Development (DFID).
Jan 7, 2020
The impact of microfinance has been a subject of much debate over recent years. While numerous studies have been conducted over the last decade, these have mainly focused on impact in terms of household income, personal assets, and socioeconomic indicators including economic status, children’s education, housing, women empowerment, and health expenditure and child immunization.
Islamabad | Dec 26, 2019
On the second day of the 2-day Pakistan Innovative Finance Forum, State Bank of Pakistan (SBP) and Karandaaz signed an agreement to partner for the implementation of Micropayment Gateway, a part of the National Financial Inclusion Strategy.
Nov 26, 2019
Karandaaz Pakistan, under its third round of Innovation Challenge Fund (ICF), has signed an agreement with a consortium of Bank Alfalah Limited and DigiServ, for developing an innovative, cash-flow based, credit scoring model for small and medium enterprises (SMEs). During this challenge, Karandaaz had invited ideas from entities interested in developing and testing innovative credit scoring models for SME lending in the country. Bank Alfalah is the fifth largest private bank in Pakistan with a network of 630+ branches.
Islamabad | Nov 25, 2019
Karandaaz Pakistan, in partnership with The ADB Institute (ADBI) and the Resident Mission of Asian Development Bank (ADB), has organized the Pakistan Innovative Finance Forum in Islamabad.