Guided by Karandaaz vision, we believe that every Pakistani deserves to be Financially Included and Economically Empowered. Our Mission at Karandaaz is to Foster economic growth and create jobs through financial inclusion of unbanked individuals and unserved enterprises.
Karandaaz Pakistan is a Non-profit organization, based out of Islamabad, registered with the Securities and Exchange Commission of Pakistan under Section 42 of the Companies Act 2017. We are supported by Department for International Development (DFID) and Bill and Melinda Gates Foundation (BMGF). Karandaaz is governed by an eminent board who set the strategy of the organization and steer it towards achievement of its objectives.
Karandaaz Pakistan seeks to hire an Analyst for the Karandaaz Innovation function to support the implementation of its growing portfolios of Innovation Challenge Fund and Women Ventures. The successful candidate will work in close coordination with Senior Associate Innovation and will report to Head of Karandaaz Innovation.
Karandaaz Innovation through its programmatic interventions, Innovation Challenge Fund (ICF) and Women Ventures (WV), aims to address gaps in the financial architecture to improve access to finance. The ICF is designed to overcome the challenges in financial inclusion by investing in innovative products and services. Karandaaz works with private sector firms to invite solutions to these challenges and reduce the risk of product development by funding the projects. Challenge funds are designed to leverage the innovative power and commercial instincts of the private sector, and financial service providers to overcome developmental challenges. The challenge fund can help overcome market failures that would otherwise prevent a solution-provider from making an initial investment, either from the cost of information discovery, costs of mitigating risks or simple lack of available funding. The Analyst will assist the Head Karandaaz Innovation in initial research, selection and contracting of partners, financial and technical monitoring for challenge fund rounds.
Women Ventures is a programmatic intervention by Karandaaz to provide growth capital and business development support to female entrepreneurs who are aspiring to scale up expand their business operations. Women Ventures is currently supporting 18 women led businesses and has provided business development support to more than 65 businesses. These businesses belong to a range of sectors and are actively contributing to job creation and economic development. Women Ventures has also entered into institutional partnerships in order to expand its outreach and also to strengthen support available to businesswomen within the ecosystem. The Associate will support the selection and investment process for WV, as well as the post investment monitoring of selected women led businesses.
The ideal candidate will have experience in working on grant design & management and have passion for private sector development, particularly the financial inclusion space. The candidate would have displayed versatility in the areas where they have worked.
Culture and Values at Karandaaz
Karandaaz Culture is guided by our values of Innovation, Collaboration, Accountability, Respect and Equity (ICARE). These values shape our choices on what we do and how we do it, both with colleagues internally and partners externally. We also believe that we are all responsible for creating a great place to work and are constantly looking to hire individuals who bring the same level of passion and commitment to the purpose of the organization.
If you believe in Karandaaz vision and values and feel excited about the work we are offering, please send us your application for this position to firstname.lastname@example.org clearly mentioning the position title in the subject line. We will be accepting submissions till August 16th, 2020.
Karandaaz is an equal opportunity employer. Women and people with disabilities and encouraged to apply.