Established in 2000, Pakistan Poverty Alleviation Fund (PPAF) is the largest source of
funds for the microfinance sector in Pakistan and lead apex institution for
development in the country. Set up by the Government of Pakistan as an autonomous
organization, PPAF enjoys facilitation and support from the Government of Pakistan, The
Bank, International Fund for Agricultural Development (IFAD), KfWEntwicklungsbank
Bank of Germany) and other statutory and corporate donors. PPAF aims to be the catalyst
improving the quality of life, broadening the range of opportunities and socio-economic
mainstreaming of the poor and disadvantaged, especially women. The core operating units
PPAF deliver a range of development interventions at the grassroots/community level
network of more than 100 Partner Organizations across the country. These include social
mobilization, support for livelihood, enterprise and employment, access to credit,
infrastructure and energy, health, education and disaster management.
Karandaaz Pakistan, a not-for-profit company (registered under Section 42) established in
August 2014, promotes access to finance for small businesses through a commercially
investment platform, and financial inclusion for individuals by employing technology
digital solutions. The Company has financial and institutional support from leading
international development finance institutions; principally the United Kingdom
for International Development (UKAid) and the Bill & Melinda Gates Foundation.
The Company has three work streams, Digital Financial Services, Corporate Investment and
Credit and Knowledge Management and Communications. Karandaaz Pakistan is sponsored and
governed by eminent Pakistanis, and is managed by an experienced team with core
international investment management and digital finance.
KFW Development Bank has been helping the German Federal Government to achieve its goals
development policy and international development cooperation for more than 50 years. In
regard, we are both an experienced bank and a development institution with financing
expertise, an expert knowledge of development policy and many years of national and
international experience. On behalf of the German Federal Government, and primarily the
Federal Ministry for Economic Cooperation and Development (BMZ), we finance and support
programs and projects that mainly involve public sector players in developing countries
emerging economies – from their conception and execution to monitoring their success.
goal is to help our partner countries fight poverty, maintain peace, protect both the
environment and the climate and shape globalization in an appropriate way.