Durable Dreams with Karandaaz
People around the world have become increasingly conscious of their carbon footprint and impact on the environment, therefore they look for practical and durable choices. Bear Necessities offers an aesthetic alternative to the world with their durable leather classic products including bags, satchels, totes, wallets, and more. Cherry on top: they are all hand-crafted, unique […]
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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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Mr. Salim Raza, Ex-Governor State Bank joins Karandaaz Board of Director
Karandaaz Pakistan announced the appointment of Ex-Governor State Bank of Pakistan Mr. Salim Raza on its Board of Directors. Mr. Salim Raza has over 40 years of experience in the banking and financial sector. Mr. Raza has held the position of the 15th Governor of the State Bank of Pakistan (SBP) after having worked in international […]
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PKR 1 Billion announced for SMEs by UK-funded Karandaaz and JS Bank
The UK-funded Karandaaz has signed an agreement with JS Bank to jointly make PKR 1 billion available for small and medium enterprise (SME) financing. Increased access to SME financing will create jobs, improve household incomes and increase economic growth at a macro-economic level in Pakistan. Karandaaz Pakistan, a company funded by the UK’s Department for […]
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Study by Karandaaz Explores the Bankability of Pakistan’s Road Transport Sector
Karandaaz Pakistan has launched a study on the bankability of the road transport sector. The transport and logistics sector is one of the most important elements of an economy. While transportation focuses on the movement of goods from one place to another, logistics refers to the management of this flow and in addition to transport, […]
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19 Promising FinTech Startups to Participate in Karandaaz’s 3rd FinTech Disrupt Challenge
Nineteen promising FinTechs have been bustling with excitement and morphing their raw ideas into scalable solutions as part of Karandaaz Pakistan’s FinTech Disrupt Challenge (FDC) 2018, for which Karandaaz has funded FinTech Factory to provide accelerated support to these startups. The mentoring from some of the most prominent gurus from the digital financial services sector […]
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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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Karandaaz Launches Second Women Entrepreneurship Challenge
The country’s leading proponent of financial inclusion, Karandaaz Pakistan has launched this year’s call of its annual Women Entrepreneurship Challenge aimed at women-led businesses across Pakistan. Karandaaz will provide customized business development support as well as invest up to PKR 20 million (per business) in women-led businesses that qualify for the program and successfully demonstrate […]
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