WeHub Karandaaz

Dissemination of Information on Financial & Business Services for Women Entrepreneurs

Welcome to Karandaaz Pakistan’s groundbreaking information hub designed to empower and support women entrepreneurs in Pakistan on their financial journey. Our mission is to provide female entrepreneurs with the financial knowledge, resources, and personalized support they need to excel in their businesses.

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What You Will Learn

Discover the key modules that will equip you with essential financial knowledge and skills tailored to the unique challenges faced by women entrepreneurs:

Finance and Banking Services

Get information on the various services offered by banks, government and other financial institutions that can help your business

Business Finance Essentials

Learn the fundamentals of managing your business finances, including budgeting, financial planning, and cash flow management.

Taxation and Compliance

Navigate the complex world of taxation and government regulations with expert guidance to ensure your business remains compliant.

Financial Literacy for SMEs

Dive into specialized content designed to boost your financial literacy, empowering you to make informed decisions.

Trade-Specific Skills

Master industry-specific strategies and tactics to excel in your chosen field.

Who is This For?

The curriculum of the modules is designed for women entrepreneurs at all levels. Whether you're just starting out or looking to scale your business, this information hub is for you. Here's who can benefit:

  • Women entrepreneurs
  • Female-led SMEs
  • Aspiring business owners
  • Women in tech-backed ventures

Unlock the knowledge and resources you need to succeed, all within the convenience of our online platform.

About Karandaaz’s Initiative for Women Entrepreneurs

WeHub offers a comprehensive online learning experience. Gain access to localized content, insights, and resources aimed at addressing the specific needs of women entrepreneurs in Pakistan. This initiative builds on the success of the Dissemination of Information on Financial & Business Services for Women Entrepreneurs Trainings that were conducted across the country, ensuring that every woman in Pakistan has the tools to navigate the financial landscape of her business.

Learn Online

Anywhere, anytime

Flexible Schedule

Learn & complete course material at your own pace

Customized & Localized Course Content

Customized and localized course content - made for Pakistan

Engaging Video Content

Lectures led by industry expert on business and financial services available to women entrepreneurs in Pakistan

Structure of WeHub

This course was developed with input from experts across various fields, ensuring a holistic and engaging learning experience. We're proud to acknowledge the invaluable contributions from individuals and institutions dedicated to women's financial empowerment.

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Coursework

Lesson 1

Importance of Women Entrepreneurs and Challenges

What will you learn?

  1. Recognize the economic importance of women’s participation in Pakistan and understand the challenges they face.
  2. Explore micro-entrepreneurship opportunities and assess their potential impact on women’s economic empowerment. 
  3. Acquire essential skills for successful entrepreneurship, including business planning and financial management. 
  4. Appreciate the role of financial education in promoting gender equality and women’s economic inclusion while understanding and addressing gender biases in various industries.

Lesson 2

Financial Jargons Used

What will you learn?

  1. Define and explain essential financial jargon terms, including “Revenue,” “Cost of Goods Sold,” “Expenses,” “Profit,” “Assets,” “Liabilities,” “Equity,” and “Retained Earnings.”
  2. Interpret financial statements and reports, incorporating financial jargon terms, including income statements, balance sheets, and cash flow statements.
  3. Differentiate between various types of assets, liabilities, and equity and assess their impact on overall financial stability and organization.
  4. Apply financial jargon knowledge to budgeting, liquidity assessment, understanding credit scores, and making informed financial decisions in personal and professional contexts.

Lesson 3

Financial Records & Financial Statements

What will you learn?

  1. Understand the importance of financial records and statements in managing a business’s financial health.
  2. Learn to create and maintain necessary financial records, including sales records, purchase records, expense records, accounts receivable, and accounts payable. 
  3. Acquire skills in interpreting financial records and making informed business decisions, such as managing cash flow, monitoring profits, and assessing liquidity.
  4. Develop the ability to prepare vital financial statements, including income statements, balance sheets, and cash flow statements, and utilize them for evaluating a business’s financial performance and making strategic decisions.

Lesson 4

Access to Finance

What will you learn?

  1. Understand the critical role of finance for female entrepreneurs in establishing, expanding, and sustaining successful businesses.
  2. Grasp the concepts of startup capital and working capital, essential for launching and managing daily financial operations and liquidity management.
  3. Learn financial strategies for business expansion, market entry, and scaling production to meet increased demand.
  4. Acquire skills in crisis management, including financial restructuring and recovery plans, ensuring business resilience in challenging times.

Lesson 5

Access to Banking

What will you learn?

  1.  Explore Banking Options in Pakistan, including traditional bank accounts and innovative initiatives like the Asaan Mobile Account.

  2. Learn the step-by-step process of opening a bank account, including the necessary documentation and registration requirements, with a focus on Asaan Mobile Account registration. 

  3. Identify and differentiate between different types of bank accounts commonly available in Pakistan, such as savings accounts, current accounts, fixed deposit accounts, term deposit accounts, foreign currency accounts, and salary accounts.

  4. Explore joint accounts and specialized accounts, including their benefits and how they cater to specific financial needs of individuals and businesses.

Lesson 6

Internal vs External Financing

What will you learn?

  1. Differentiate Between Internal and External Financing methods, understanding their distinct features and implications.
  2. Learn and apply internal financing strategies, such as bootstrapping, family and friend loans, and retained earnings, for funding startups and small businesses. 
  3. Explore external financing options, including donor funding, commercial loans, angel investors, venture capital, crowdfunding, subsidies, grants, and loans, and grasp their eligibility criteria and application processes.
  4. Gain a precise understanding of startup funding stages, from pre-seed to Series A, B, and C rounds, comprehending their purposes and funding sources, and the transition to becoming a publicly-traded company in the final stage.

Lesson 7

Loan and Grants

What will you learn?

  1. Navigate the loan application process in Pakistan, including creating a comprehensive business plan.
  2. Identify suitable lenders, understand their eligibility criteria, and grasp loan terms.
  3. Prepare essential documentation for loan applications, such as financial statements, business plans, and credit histories.
  4. Assess your creditworthiness and comprehend how lenders evaluate loan applicants. 
  5. Recognize the key reasons for loan application rejections and learn strategies to improve approval odds in Pakistan’s business environment.

Lesson 8

Financing Opportunities available for women entrepreneurs

What will you learn?

  1. Discover financial opportunities for women entrepreneurs in Pakistan, such as Microfinance Banks, NBFCs, the Prime Minister Youth Loan Scheme, and SBP Refinance and Credit Facility.
  2. Differentiate between Microfinance Banks and NBFCs in terms of their structures and services.
  3. Learn the loan application process for Microfinance Banks, including eligibility criteria and documentation requirements. 
  4. Understand the State Bank of Pakistan’s Refinance and Credit Guarantee Scheme, the Prime Minister’s Youth Loan Scheme, and grant opportunities like those offered by Karandaaz for women entrepreneurs.

Lesson 9

Karandaaz Opportunities for women entrepreneurs

What will you learn?

  1. Understand the role and services provided by Karandaaz in promoting financial inclusion and entrepreneurship in Pakistan.
  2. Learn about the Karandaaz Women Ventures (formerly Women Entrepreneurship Challenge) and how it supports women-led businesses through financial inclusion, research, and technology adoption.
  3. Explore the eligibility criteria for women entrepreneurs and institutional partners to avail grants and support from Karandaaz Women Ventures.
  4. Gain insights into the DFS (Digital Financial Services) offerings provided by Karandaaz, including pilot programs, experiments, and innovation initiatives, and the respective funding requirements for each category. 
  5. Understand the importance of these financial and entrepreneurial opportunities in fostering economic growth and empowerment in Pakistan.

Lesson 10

Business Registration

What will you learn?

  1. Understand the importance of legally registering your business in Pakistan, including the protection of assets and intellectual property.
  2. Recognize the legal advantages, such as access to financial assistance and government support, when your business is legally registered. 
  3. Appreciate how legal registration enhances the credibility of your business, building trust with stakeholders and facilitating legal compliance. 
  4. Comprehend the process of registering a business, including selecting the business type, gathering necessary documents, and completing online registration steps, such as obtaining a unique security code and entering it for verification.
  5. Learn about the specific documentation and requirements for different business types, such as Sole Proprietorship, Association of Persons (AOP), and Limited Company, to legally register your business in Pakistan.

Lesson 11

Business Incubation

What will you learn?

  1. Understand the role and benefits of business incubation centers in Pakistan’s entrepreneurial landscape.
  2. Identify the target groups, including early-stage entrepreneurs, women entrepreneurs, and social entrepreneurs, who can leverage these centers for support.
  3. Recognize how incubation centers provide essential resources, mentorship, and risk reduction to help startups succeed. 
  4. Gain insights into the incubation process, from initial assessment to prototype development, funding, and capacity building. 
  5. Appreciate the significant impact of business incubation centers on fostering growth and success among startups and businesses in Pakistan.

Lesson 12

Digital Financial Service

What will you learn?

  1. Understand the role and benefits of business incubation centers in Pakistan’s entrepreneurial landscape.
  2. Identify the target groups, including early-stage entrepreneurs, women entrepreneurs, and social entrepreneurs, who can leverage these centers for support.
  3. Recognize how incubation centers provide essential resources, mentorship, and risk reduction to help startups succeed. 
  4. Gain insights into the incubation process, from initial assessment to prototype development, funding, and capacity building. 
  5. Appreciate the significant impact of business incubation centers on fostering growth and success among startups and businesses in Pakistan.

Lesson 13

Opportunities for International Trade

What will you learn?

  1. Discover two significant international trade opportunities in Pakistan: Pakistan Single Window for Trade Facilitation and Fulfillment by Amazon (FBA).
  2. Explore the “Women Entrepreneurship Program” aimed at empowering women in business and promoting gender equality in cross-border trade.
  3. Understand the process and requirements for using Pakistan Single Window for Trade Facilitation (PSW) to facilitate international trade.
  4. Learn about Fulfillment by Amazon (FBA) and its role in helping sellers store, manage, and ship products globally.
  5. Examine the advantages and disadvantages of using FBA for international trade and e-commerce on Amazon’s platform. 
  6. Recognize the steps and considerations for becoming an Amazon seller and leveraging FBA services effectively in the global market.

Lesson 14

Taxation

What will you learn?

  1. Understand the legal necessity and importance of tax filing for businesses to adhere to tax laws and avoid legal issues.
  2. Recognize how proper tax filing enhances professionalism, improving the image of women-led businesses for partners, clients, and investors.
  3. Discover the potential access to government support programs and grants linked to tax compliance, benefiting women entrepreneurs. 
  4. Learn about various tax types like income tax, sales tax, and withholding tax, and explore user-friendly tax-filing tools such as Accountax, Befiler, and Filer.pk to facilitate efficient tax management.

Lesson 15

RAAST and Secured Transactions Registry (STR)

What will you learn?

  1. Understand the primary goal of RAAST, an initiative by the State Bank of Pakistan, to promote financial inclusion and provide accessible digital financial services to the population. 
  2. Learn about the key features of RAAST, including fast money transfers, lower transaction costs for end-users, and enhanced sector-wide connectivity.
  3. Discover how RAAST addresses challenges associated with digital payments, such as communication gaps between banks and fintech companies, high transaction charges for end-users, and other difficulties.
  4. Explore the Secured Transactions Registry (STR) as an electronic database where financial institutions record charges and security interests related to movable assets, facilitating access to loans and improving transparency in financial transactions.

Karandaaz Pakistan is dedicated to helping women entrepreneurs in Pakistan succeed. By providing tailored financial education and support, we bridge the gap in resources available to female business owners. Join us on this journey of empowerment and financial success.

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Non-profit company registered under Section 42 of the Companies Act, 2017