KARANDAAZ PAKISTAN, a not-for-profit company established in 2014 and registered with the Securities and Exchange Commission of Pakistan under section 42, is promoting access to finance for small businesses through commercially directed investments and financial inclusion of individuals by leveraging technology-enabled solutions and platforms. Karandaaz has financial and institutional support from leading international development finance institutions; principally the United Kingdom’s Foreign, Commonwealth & Development Office (FCDO) and the Bill & Melinda Gates Foundation (BMGF).

Karandaaz Pakistan operates through four program verticals:

• Karandaaz Capital provides wholesale structured credit and equity-linked direct growth capital investments in micro, small and mid-size enterprises (MSMEs) with compelling prospects for sustainable growth and employment generation in Pakistan

• Karandaaz Digital focuses on expanding the poor’s access to digital financial services in Pakistan by working across the ecosystem with all stakeholders including regulators, policymakers, government departments, businesses and researchers and academics in four key work areas: policy and regulation, seeding innovation, experimentation and solutions development, and scale and outreach.

• Karandaaz Innovation provides risk capital and technical assistance to support innovative and practicable solutions aimed at financial inclusion and entrepreneurship. The Women Ventures business line provides business development support and growth capital to women-led businesses to facilitate their expansion and scale-up.

• Karandaaz Research & Insights support the company’s core financial inclusion goal by developing and disseminating evidence-based insights and solutions to influence markets and the financial ecosystem.

Please find details in the attached file.