KARACHI: Mobilink Bank has entered a five-year partnership with the 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, a statement said on Tuesday.
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 markup subsidy support 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 Rs5 million, with flexibility for expansion in innovative cases.
“Through our partnership with SEDF, we are aligning financial innovation with policy support to expand access where it is needed most,” said Haaris Mahmood Chaudhary, president and CEO of Mobilink Bank.
“We want to channel affordable capital directly to local entrepreneurs, enable bottom-up economic growth, and unlock sustainable livelihoods across the province,” Chaudhary added.Secretary Investment Department at Government of Sindh Zubair Ahmed Channa underscored the government’s commitment to strengthening institutional financing ecosystems that support productive sectors across the province. He 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.
