U Microfinance Bank Wins Grant from Karandaaz for Financial Inclusion of Women
U Microfinance Bank Ltd. signed a grant agreement with Karandaaz Pakistan, with funding from Bill & Melinda Gates Foundation. The grant will help U Bank further its mission of financially including more women. U Bank won the grant through a competitive application process via Karandaaz’s Digital Experiments program. While uptake for digital financial services (DFS) […]
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Karandaaz joins Hands with Bank Alfalah and DigiServ to develop an Innovative Credit Scoring Model for SMEs
Karandaaz Pakistan, under its third round of Innovation Challenge Fund (ICF), has signed an agreement with a consortium of Bank Alfalah Limited and DigiServ, for developing an innovative, cash-flow based, credit scoring model for small and medium enterprises (SMEs). During this challenge, Karandaaz had invited ideas from entities interested in developing and testing innovative credit scoring […]
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Karandaaz Pakistan Launches a Portal on Financial Services Indicators for Pakistan
Karandaaz Pakistan has launched an online data portal with aggregated data on financial services and selected socioeconomic indicators for the country. The data is classified by segment—SME, Agriculture, Branchless Banking, Demographics—and also allows for detailed visualization by province, gender, age, etc., where available. Drawing on publicly available information from reputable sources, the breadth of information […]
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Karandaaz and Allied Bank join hands for developing an Innovative Credit Scoring Model for SMEs
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). During this annual challenge, Karandaaz had invited ideas from entities interested in developing and testing innovative […]
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Matilda Solutions, Love for Data, and AgriMart Shine as the Brightest Ideas in Karandaaz FinTech Disrupt Challenge 2018
Karandaaz Pakistan announced ‘Matilda Solutions’, ‘Love for Data’, and ‘AgriMart, as the winners of its third round of annual FinTech Disrupt Challenge after a close competition between 16 extraordinary technology startups with ideas for financial inclusion. The three outstanding FinTechs will each receive a funding up to $100,000 from Karandaaz to implement their ideas. The […]
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New Study highlights “Massive” Economic Benefits of Low-income Housing
Investment in low-income housing would bring “massive” economic benefits to Pakistan, according to a new study published by Karandaaz Pakistan and funded by the UK Government’s Department for International Development (DFID). The new study, ‘Enhancing Builder Finance in Pakistan’, was launched at an event in Islamabad at the Marriott hotel.With this study, Karandaaz Pakistan aims […]
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Karandaaz Pakistan Launches Second Round of Women Entrepreneurship Challenge 2018
Karandaaz Pakistan has launched the second round of its flagship Women Entrepreneurship Challenge with 19 women-led businesses from across the country. The annual challenge, funded by the UK’s Department for International Development (DFID), is a leading business support programme that promotes a culture of entrepreneurship amongst women. Karandaaz will invest up to PKR 20 million […]
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Karandaaz Pakistan to Support BISP for Economic Empowerment of its Beneficiaries
In light of a meeting last week between the Benazir Income Support Program (BISP) and the delegation from the Bill & Melinda Gates Foundation (BMGF), BISP and Karandaaz Pakistan signed a memorandum of understanding (MOU) in Islamabad under which Karandaaz will support BISP’s efforts to catalyze economic empowerment of its beneficiaries. This will be achieved […]
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Karandaaz Pakistan Launches Customer Segmentation Framework Report
Karandaaz Pakistan, a key proponent of financial inclusion in the country, shared the findings of its study on Consumer Segmentation at an event in Islamabad. The customer segmentation report, funded by the Bill & Melinda Gates Foundation (BMGF), is based on an exhaustive study by Karandaaz’s international consulting partners, Dalberg Design Impact Group. The primary […]
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DFID and Karandaaz bring Credit Enhancement Facility to Pakistan for Infrastructure Projects
The Pakistan Credit Enhancement Facility (PCEF) was introduced to public and private sector stakeholders in a conference co-hosted by Karandaaz Pakistan and UK’s Department for International Development (DFID) in Islamabad. The local currency credit enhancement facility is being set up to address and overcome existing constraints in the supply of local financing to infrastructure projects […]
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UK-funded Karandaaz Financing 15 Women-led Businesses
The country’s leading promoter of financial inclusion, Karandaaz Pakistan has signed financing agreements with 15 successful female entrepreneurs who took part in the Women Entrepreneurship Challenge – 2017. The entrepreneurs will receive grants and investment worth an estimated PKR 64 million to expand their businesses. The Challenge, funded by UK’s Department for International Development (DFID), […]
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