Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has approved the first digital lending product in the country exclusively for women-led Micro, Small, and Medium Enterprises (MSMEs). The initiative, aimed at promoting financial inclusion, will provide asset financing ranging from PKR 100,000 to PKR 1.5 million to women entrepreneurs, based on individual credit assessments.

According to the Securities and Exchange Commission of Pakistan, the product, named “Khudmukhtar Khatoon,” was developed by Walee Financial Services (Private) Limited and is designed to offer Shariah-compliant financing tailored to the needs of women-owned small businesses. This digital financing solution will be facilitated through the company’s existing digital lending application, “Hakeem,” allowing eligible women entrepreneurs to complete the entire process online.

The financing will enable the purchase of business-related assets through an integrated marketplace on the platform, with assets delivered directly to borrowers’ registered addresses. Repayment is structured in equal monthly installments over a period of up to twelve months, providing flexibility in managing cash flows.

Walee Financial Services, a licensed Non-Banking Finance Company (NBFC), currently offers digital nano-financing and is expanding its services to the MSME segment with this new product. Lending NBFCs have contributed significantly to financing unexplored sectors in Pakistan, disbursing approximately PKR 111 billion to 7.5 million micro and small businesses during the second half of 2025.