KARANDAAZ PAKISTAN promotes access to finance for small businesses through a commercially directed investment platform, and financial inclusion for individuals by employing technology enabled digital solutions. The Company has financial and institutional support from leading international development finance institutions; principally the United Kingdom Department for International Development (UKAid) and the Bill & Melinda Gates Foundation. […]

In late October 2016, the government announced the signing of the Shareholder’s Agreement for the establishment of Pakistan Microfinance Investment Company (PMIC). The company has been set up by the Pakistan Poverty Alleviation Fund (PPAF), with a sizable grant of GBP 15 million from the United Kingdom Department of International Development (through Karandaaz Pakistan) and […]

Karandaaz Pakistan launched recently the “Global Landscape Study on Digitising P2G Payments”, the first study to comprehensively examine the opportunities and challenges associated with digitizing person-to-government (P2G) payments. As the name suggests, P2G payments include mandatory payments (taxes, bill payments and fines), payments for government services (passport and visa fees), and co-payments for social benefits […]