The Securities and Exchange Commission of Pakistan (SECP) has approved the country’s first digital financing product dedicated solely to women-led Micro, Small and Medium Enterprises (MSMEs). Under this product, the Company will offer women entrepreneurs asset financing ranging from PKR 100,000 to PKR 1.5 million, based on the outcome of the credit assessment of each borrower, said SECP press release issued here.
The initiative marks a significant step towards SECP’s agenda of promoting financial inclusion and expanding access to formal finance for women entrepreneurs, a segment that has traditionally remained underserved in the country.
The innovative product, titled “Khudmukhtar Khatoon,” has been developed by M/s. Walee Financial Services (Private) Limited. The product will provide fully digital, Shariah-compliant asset financing designed specifically to address the financing needs of women-owned small businesses.
The financing facility will be offered through the Company’s already whitelisted digital lending application, “Hakeem.” Eligible applicants will be able to complete the entire financing process digitally.
The approved financing may be utilized to purchase business-related assets through an integrated marketplace available within the platform. The selected assets will be delivered directly to the registered addresses of the borrowers.
The financing amount may be repaid through equal monthly installments over a period of up to twelve months, enabling women-led enterprises to acquire productive assets while effectively managing their cash flows. Walee Financial Services (Private) Limited is a licensed Non-Banking Finance Company (NBFC) engaged in investment finance services and is currently providing digital nano-financing through its mobile application. Approval of the Khudmukhtar Khatoon product by the SECP enables it to expand from consumer financing to financing for the MSME segment.
Lending NBFCs are playing a notable role in extending finance to unexplored segments in Pakistan, having collectively disbursed financing of approximately PKR 111 billion to around 7.5 million micro and small businesses during the half-year period from July 2025 to December 2025.