Karandaaz Capital

Supporting Access to Finance for Businesses
through Commercial Investments

What We DO

Karandaaz Capital aims to support the development of a market for MSME financing by deepening access to growth capital for MSMEs that will result in the generation of broad-based employment in Pakistan and financial returns for Karandaaz. Karandaaz makes investments that are categorized into four buckets: Direct Investments, Wholesale Investments, Strategic Investments, and Green Investments. These investments by Karandaaz help develop pilot investment models and identify new investment avenues and generate learning for commercial capital providers.

Direct
Investments

The focus of direct investments is on deploying growth capital in small and medium enterprises (SMEs) with potential for profitable growth and employment generation, in addition to generating risk-adjusted financial returns for Karandaaz.

Wholesale
Investments

Capital can be deployed through specific product-programs with a wide range of partners which may include Financial Institutions, listed corporations or SPVs. These programs can use different facilities which may be funded such as risk participation, or unfunded, first loss etc.

Strategic
Investments

These investments seek to establish strategic platforms i.e., entities that are essential for unlocking enabling investments in the underlying sectors. Such investments align with the mission of Karandaaz by supporting the development of a market for MSME financing.

Green
Investments

Karandaaz with the objective of promoting financing for sustainable and climate-friendly projects is financing projects including, but not limited to; renewable energy, energy efficiency, green buildings, clean transportation, and waste management.