Sindh launches Rs1bn fund for micro, small and medium enterprises

Published
A trader counts Pakistani rupee notes at a currency exchange booth in Peshawar, December 3, 2018. — Reuters/File
A trader counts Pakistani rupee notes at a currency exchange booth in Peshawar, December 3, 2018. — Reuters/File

KARACHI: Mobilink Bank has entered into a five-year partnership with Sindh Enterprise Development Fund (SEDF) to expand access to structured financing for micro, small, and medium enterprises (MSMEs) across priority economic sectors in the province.

The collaboration will unlock up to Rs1 billion in financing by combining Mobilink Bank’s lending capabilities with SEDF’s markup subsidy support to reduce the cost of capital for entrepreneurs and stimulate sustainable economic activity province-wide.

The collaboration strengthens financing ecosystems for underserved and high-impact sectors, including agri value chains, livestock and dairy, poultry, fisheries, cold storage and logistics, renewable and alternative energy solutions, women-led enterprises, mining and mineral processing, and innovation-driven IT projects.

Under the partnership, Mobilink Bank will extend short-, medium-, and long-term MSME financing, while SEDF will provide a markup subsidy of up to one-year Kibor or 10 per cent — whichever is lower — for an initial three-year period, extendable based on performance. Individual projects will be eligible for financing of up to Rs 5 million, with flexibility to expand in innovative cases.

Mobilink Bank President and CEO Haaris Mahmood Chaudhary said small businesses drive employment, power local communities, and sustain regional value chains, yet many entrepreneurs continue to face structural barriers in accessing affordable finance. We are aligning financial innovation with policy support to expand access where it is needed most.

Secretary Investment Department Zubair Ahmed Channa stated that structured collaborations such as this agreement reinforce policy alignment between the public and private sectors while creating scalable financial pathways for SMEs operating in Sindh’s value-added industries.

Published in Dawn, March 4th, 2026

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Banking inertia
Updated 13 Jul, 2026

Banking inertia

PRIME Minister Shehbaz Sharif’s latest call to banks to expand lending to SMEs is nothing new. Every government...
Justice imperilled
13 Jul, 2026

Justice imperilled

THE Human Rights Commission of Pakistan and the International Federation for Human Rights have raised concerns about...
Toxic staple
13 Jul, 2026

Toxic staple

A RECENT article published in Dawn has shed light on the challenges being faced by Sindh’s chilli farmers, whose...
Mixed messaging
Updated 12 Jul, 2026

Mixed messaging

In case the parleys fail, a return to full-scale war would be the likely outcome.
Way forward
12 Jul, 2026

Way forward

A GROUP of estranged PTI leaders, calling themselves the ‘National Dialogue Committee’ and led by figures like...
Recalled orders
12 Jul, 2026

Recalled orders

WHILE justice should be blind, it should not be oblivious to the human suffering some decisions may cause. This is...