Karandaaz Press Releases

Microfinance and Enterprise Growth – Karandaaz Report Takes Stock of Microfinance Sector

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.

Queen Maxima, Minister Hammad Azhar, and State Bank Governor Raza Baqir witness as Karandaaz and SBP Ink an Agreement for Micropayment Gateway

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.

Karandaaz Joins Hands with Bank Alfalah and DigiServ to develop an Innovative Credit Scoring Model for SMEs

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.

Karandaaz and Asian Development Bank Institute co-organize Pakistan Innovative Finance Forum

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.

Karandaaz Pakistan wins the CFA Society’s Gender Diversity Award 2018

Sep 26, 2019

Karandaaz Pakistan won the prestigious CFA Society Pakistan’s award for “Recognizing Gender Diversity at Workplace 2018”. The award ceremony is CFA Society Pakistan’s flagship event for the year and celebrates industry leaders with outstanding performance under various categories that have provided value-enhancing services to the financial industry and investing public in Pakistan.

Karandaaz Seeks Solutions for Facilitating Financial Inclusion of Women

Sep 19, 2019

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.

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