InfraCo Asia Investments and Karandaaz establishes first-of-its-kind infrastructure credit enhancement facility InfraZamin Pakistan

Islamabad | Nov 9, 2020

Pakistan: InfraZamin Pakistan is an innovative, for-profit credit enhancement facility funded with equity capital from InfraCo Asia Investments and Karandaaz Pakistan, provided by the United Kingdom’s Foreign, Commonwealth and Development Office (FCDO).

Karandaaz Pakistan launch the 2nd round of “Karandaaz Financial Inclusion of Women Challenge”

Islamabad | Oct 8, 2020

Karandaaz Pakistan has launched the second round of its annual challenge titled, Karandaaz Financial Inclusion of Women Challenge on 8th October, 2020 in Islamabad. Karandaaz Pakistan has invited applications in two categories to support businesses that not only create financial products but also from the businesses that enable women consumers to adopt Financial Services. The proposed solutions may be in any area within the two defined categories. 

UK financing the Production of Breathing Devices in Pakistan through Karandaaz partnership with Meezan Bank

Sep 30, 2020

United Kingdom through Karandaaz’s Risk Participation Facility with Meezan Bank, Pakistan’s first and largest Islamic bank is financing the development and production of a High Flow Nasal Oxygen (HFNO) device, which can also be used as a Continuous Positive Airway Pressure (CPAP) device, by Alsons Group, Pakistan’s premier precision engineering company.

Karandaaz Pakistan Investment in Secure Logistics Group to create over 600 Additional Jobs

Sep 9, 2020

Karandaaz with the funding from the United Kingdom’s Foreign, Commonwealth and Development Office (FCDO) has signed an equity investment deal with Secure Logistics (Pvt) Ltd (SLG). Karandaaz’s equity investment with added co-investment from an international investor, Saudi Bugshan Group in SLG, totals to PKR 1.2 billion.

Karandaaz Women Ventures Launched: An Initiative to Provide Financing for Businesswomen

Jul 14, 2020

Karandaaz Pakistan, with support from United Kingdom’s Foreign, Commonwealth and Development Office (FCDO), has launched a new financing programme to improve access to finance for women businesses. This new initiative, titled “Women Ventures”, will start accepting applications from eligible women-led and

Karandaaz Subsidizing Design Thinking Services to Swell Financial Inclusion

May 14, 2020

Karandaaz has announced the launch of a new programme to subsidize design thinking services for Digital Financial Service (DFS) providers offering products and services through mobile and web-based platforms. Karandaaz aims to promote digital financial products and services that address the needs of the customers; create more valuable, appealing, and user-friendly solutions; and expand financial inclusion in the country. More often than not, digital financial products are complex when presented digitally and hence many customers are reluctant to use them.

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