SECP approves Pakistan first digital lending product exclusively for women-led

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on June 22, has approved the country first digital financing product designed only for women led Micro, Small and Medium Enterprises (MSMEs).

The move aims to improve access to formal funding for women entrepreneurs who often face difficulty in getting bank loans.

Under this new facility, women business owners can receive asset financing between PKR 100,000 and PKR 1.5 million. The amount will be decided after checking the credit profile of each applicant. The goal is to help small businesses grow through easy access to funds.

The product has been named “Khudmukhtar Khatoon” and has been developed by Walee Financial Services (Private) Limited. It is a fully digital and Shariah-compliant financing service created for women owned micro, small, and medium enterprises.

Applicants will use the company digital lending app called “Hakeem” to apply for financing. The entire process, from application to approval, will take place online, making it easier and faster for users.

Once approved, borrowers can use the funds to buy business related equipment and assets through an online marketplace linked to the platform. The purchased items will be delivered directly to their registered address. Customers can repay the loan in equal monthly installments over a period of up to twelve months.

Walee financial services, a licensed non-banking finance company, already provides digital nano-loans through its mobile app. With this approval, the company can now expand its services from consumer lending to business financing for small enterprises.

Non-banking finance companies in Pakistan have disbursed around PKR 111 billion in loans to about 7.5 million micro and small businesses between July and December 2025. Officials say such initiatives play an important role in supporting financial inclusion and helping small businesses grow across the country.