PMIC Launches PKR 3 Billion Fund to Empower 50,000 Women Entrepreneurs

Karachi – In a landmark development for gender-inclusive finance in Pakistan, the Pakistan Microfinance Investment Company Limited (PMIC), in partnership with Pak-Kuwait Investment Company (PKIC), has announced the successful launch of a PKR 3 billion Syndicated Term Finance Facility for ASA Microfinance Bank (Pakistan) Limited (ASA MFB). This milestone initiative aims to support more than 50,000 women-led microenterprises across the country.

The innovative, privately placed facility will be exclusively allocated for providing loans to women micro-entrepreneurs served by ASA MFB. The transaction brings together leading financial institutions including Pak Libya Holding Company, Pak Brunei Investment Company, and Allied Bank Limited, creating a powerful coalition for inclusive economic growth.

The facility directly aligns with the United Nations Sustainable Development Goals (SDGs), particularly SDG 1 (No Poverty), SDG 5 (Gender Equality), SDG 8 (Decent Work and Economic Growth), and SDG 10 (Reduced Inequalities). With 60% of the funds directed toward rural and underserved regions and approximately 35% targeted at young women, the initiative promises to deliver widespread socio-economic impact.

Yasir Ashfaq, CEO of PMIC, called the transaction a strategic push to reshape gender-inclusive finance in Pakistan. “In 2025, Pakistan ranked 148th out of 148 on the Global Gender Gap Index. This facility is not just a capital injection—it is a commitment to redefining financial access for women,” he said. “We are proud to lead this initiative alongside ASA MFB and our valued partners.”

Read more: Pakistan Signs $1 Billion Financing Deal with Asian Development Bank

The financing is expected to generate over 70,000 jobs within women-led microenterprises and broader networks, fueling inclusive growth and sustainable development. ASA MFB, known for its strong grassroots reach, is well-equipped to deploy these funds to women entrepreneurs in some of the most marginalized areas.

This transaction sets a precedent for future capital syndicates that blend financial discipline with social equity. PMIC has invited development partners, investors, and policymakers to join in expanding the footprint of gender-focused finance across Pakistan.