Sindh Launches SME Financing Partnership with Accelerate Prosperity
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The Sindh Enterprise Development Fund (SEDF) has partnered with Accelerate Prosperity, an initiative of the Aga Khan Rural Support Programme, to improve access to finance for startups and small and medium enterprises (SMEs) across Sindh.
The Memorandum of Understanding was signed at SEDF’s Karachi office by SEDF Chief Executive Officer Khizar Pervaiz and Accelerate Prosperity Country Head Rohma Labeeb, in the presence of SEDF Chairman Syed Qassim Naveed Qamar and Accelerate Prosperity Chief Investment Officer Harris Khan.
Under the agreement, Accelerate Prosperity will identify and prepare high-potential enterprises, while SEDF will assess them for KIBOR-based markup subsidies to reduce borrowing costs and improve bankability.
“Strengthening institutional linkages between enterprise development and formal finance is central to Sindh’s economic agenda,” Qamar said, adding that the partnership creates “a structured pathway for scalable, investment-ready businesses.”
Labeeb noted that aligning enterprise support with formal financing will help startups become “investment-ready and creditworthy” more quickly.
