THE Bank of Punjab (BOP) and Karandaaz Pakistan join forces in a strategic alliance to revolutionise Pakistan`s Agriculture Sector under Karandaaz`s inaugural Digital Financing for Agriculture (DFA) Challenge 2023, states a press release.

Waqas ul Hassan, CEO of Karandaaz Pakistan, expressed his enthusiasm about the collaboration, stating, `The collaboration between Karandaaz Pakistan and Bank of Punjab represents a significant opportunity for demonstrating an increase in the productivity of the agricultural value chains through digital inclusion of small farmers.` Moreover, Mr Masud opined that the collaboration aims to overcome farmers` financial hurdles. It aims to improve productivity and address the challenge of loan securitisation by offering collateral-free financing. •