Karandaaz Pakistan under its third round of Innovation Challenge Fund (ICF) has signed an agreement with Allied Bank Limited (ABL) to support the bank for developing an innovative, cash-flow based, credit scoring model for small and medium enterprises (SMEs).

The Alsons Group is a family business that started back in 1953 in Karachi as the Allana Watch Company, a clock manufacturing operation. The Allana family soon branched out into precision engineering and then to the manufacture of auto parts.

Bill and Melinda launched their annual letter to audiences around the world, this week. The letter focuses on nine surprises that inspire and motivate the co-chairs in their philanthropy.

The UK-funded Karandaaz has signed an agreement with JS Bank to jointly make PKR 1 billion available for small and medium enterprises (SMEs) financing.

Karandaaz Capital has a vendor and distributors financing agreement with Meezan Bank.

Meet Shumaila Afsheen, one of the first female restaurant owners from Quetta and a participant of Karandaaz Women Entrepreneurship Challenge (WEC) 2017. Shumaila has now successfully secured funding from Karandaaz to grow her business.

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