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).
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.
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.
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.
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
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.