ISLAMABAD: Pakistan first digital loan product for women-led micro, small, and medium enterprises has been approved.
The Securities and Exchange Commission of Pakistan (SECP) has approved financing of up to Rs 1.5 million under the Independent Women Program. Pakistan’s first digital loan scheme for women entrepreneurs has been introduced.
Pakistan’s first digital loan product for women-led micro, small, and medium enterprises has been approved. The company will provide asset financing ranging from Rs 100,000 to Rs 1.5 million to women entrepreneurs based on the results of their credit assessment.
The key feature of this initiative is that it is “digital,” meaning the loan application, assessment, and approval process will largely be handled through digital systems rather than manual, branch-based procedures.
Applicants will be evaluated through credit assessment models, which may include alternative data such as transaction history, business performance, or mobile-based financial activity, rather than relying only on conventional collateral or long credit histories.
The aim of such programs is typically to reduce barriers for women entrepreneurs, who often face challenges such as a lack of collateral, limited credit history, and restricted access to formal banking channels. By digitizing the process, the program is designed to make lending faster, more accessible, and more transparent.
Read also: Pakistan’s mango exports drop 30pc
