The Securities and Exchange Commission of Pakistan has officially approved the country first completely digital financing product specifically designed to cater to women led Micro, Small, and Medium Enterprises. This landmark regulatory milestone marks a significant step forward for the financial ecosystem of Pakistan, particularly in its ongoing efforts to accelerate financial inclusion and expand structured finance access for women entrepreneurs, a demographic segment that has historically remained underserved across the country. The innovative financial product, officially titled Khudmukhtar Khatoon, has been conceptualized and developed by Walee Financial Services Private Limited, which operates as a licensed Non Banking Finance Company engaged in investment finance services.
Under the newly approved digital lending framework, the company will offer women entrepreneurs dedicated asset financing opportunities ranging from a minimum of PKR 100,000 up to a maximum cap of PKR 1.5 million. The final amount disbursed to each individual applicant will be strictly based on the outcome of a comprehensive digital credit assessment performed by the system for each borrower. This methodology ensures that the lending process remains risk aware while simultaneously simplifying access for applicants who may lack traditional collateral. The entire lifecycle of the financing facility will be managed through the company already whitelisted digital lending application called Hakeem, enabling eligible applicants to complete the entire registration, evaluation, and financing process digitally without requiring physical bank visits.
Unlike conventional cash loans, this specific product functions as a Shariah compliant asset financing solution designed directly to address the operational and capital needs of women owned small businesses. The approved financing amount is structured to be utilized specifically for purchasing business related assets through an integrated digital marketplace that is made available directly within the Hakeem mobile platform. Once a borrower selects the required business assets, the products are delivered directly to the registered physical addresses of the entrepreneurs. The financial liability is structured to be repaid through equal monthly installments spread over a flexible period of up to twelve months, allowing women led enterprises to acquire highly productive business assets while effectively managing their day to day operational cash flows.
The introduction of the Khudmukhtar Khatoon product by Walee Financial Services Private Limited represents an expansion of its corporate capabilities, moving the company from its current footprint in digital nano financing for general consumers into formal financing for the broader MSME business segment. This transition aligns with a larger macro trend where digital lending non banking finance companies are playing a notably proactive role in extending credit to unexplored segments of the Pakistani economy. According to recent financial data highlighted by the regulator, these lending institutions collectively disbursed financing worth approximately PKR 111 billion to around 7.5 million micro and small businesses during the half year period spanning from July 2025 to December 2025, underscoring the vital economic impact and scaling potential of digitized credit delivery systems in the country.
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