pakistan
Good news for women entrepreneurs in Pakistan
Key takeaways
- Add ARY News on Google AAResize The Securities and Exchange Commission of Pakistan (SECP) has approved a new digital financing facility aimed at promoting women’s entrepreneurship and financial inclusion.
- The financing product will be offered through participating financial service providers and has been designed as a fully digital and Shariah-compliant solution.
- Women applicants will be able to apply for financing through the “Hakeem” mobile application, while the approved amount can be repaid through equal monthly installments over a one-year period.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize The Securities and Exchange Commission of Pakistan (SECP) has approved a new digital financing facility aimed at promoting women’s entrepreneurship and financial inclusion.
According to the SECP, the initiative, titled “Khudmukhtar Khatoon” (Empowered Woman), will enable female entrepreneurs to obtain asset financing ranging from Rs100,000 to Rs1.5 million for the purchase of machinery, equipment, and other business-related assets.
The financing product will be offered through participating financial service providers and has been designed as a fully digital and Shariah-compliant solution.
Article preview — originally published by ARY News. Full story at the source.
Read full story on ARY News →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from ARY News alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop