Stories about microfinance

No, Pakistani ‘startups’ did not raise over $300 million in investments in 2018 

A Pakistani tech publication published an article recently, claiming that Pakistani startups raised $341 million in 2018. This article was shared by many in the Pakistani startup ecosystem. The article was perhaps seen as an acknowledgment of the fact that the technological ecosystem in Pakistan has come a long way and is finally attracting venture capital (VC) money. This might very well be true. But the claim that Pakistani startups raised over $300 million last year is a stretch. For any such report, it is very important to first define a few basics and focus on their respective methodologies. These basics include: the definition of ...

Read Full Post

Don’t ignore your IDPs, Pakistan!

The military operation in Swat five-years-ago led to the displacement of approximately two million Pakistanis, who had to abandon their homes, commodities and lives overnight to a bleak and uncertain future. Facing obscurity, these two million refugees trekked to safer locales with infants and elderly in tow. According to United Nations Refugee Agency’s (UNHCR) statistics, released as of September 11, 2012, there were 160,063 families still resigned to the Internally Displaced Persons (IDPs) status, of which 12% (18,783 families) were still residing in camps and 88% (141,280 families) were residing in host communities two years back. Though the World Food Programme (WFP) assisted ...

Read Full Post