SMALL AND MEDI
UM ENTERPRI
SE
DEVEL
OPMENT AUTHORI
TY
SMEDA
S
ME
DA ma
y l
ook i
nt
o how s
oc
i
a
l
ent
er
pr
i
s
es c
a
n
bec
ome pa
r
t of t
he ov
er
a
l
l
S
ME dev
el
opment
s
t
r
a
t
egy a
nd S
ME pol
i
c
y
.
1 .
S
ME
DA i
n c
ol
l
a
bor
a
t
i
on wi
t
h t
he Compet
i
t
i
on
Commi
s
s
i
on of Pa
k
i
s
t
a
n a
nd ot
her r
el
ev
a
nt
i
ns
t
i
t
ut
i
ons ma
y a
l
s
o c
onduc
t a r
egul
a
t
or
y i
mpa
c
t
a
s
s
es
s
ment a
nd ev
a
l
ua
t
e t
he (
r
egul
a
t
or
y
)
bur
den
f
a
c
ed by s
oc
i
a
l
ent
er
pr
i
s
es
.
A di
r
ec
t
i
v
e t
o r
el
ev
a
nt
depa
r
t
ment
s ma
y t
hen be i
s
s
ued t
o r
educ
e
r
egul
a
t
or
y bur
den i
nc
l
udi
ng f
ees a
nd per
mi
t c
os
t
s
s
een i
n c
a
s
e of i
nc
or
por
a
t
i
on,
r
enewa
l
of l
i
c
enc
es
,
t
a
x
a
t
i
on,
pr
oc
ur
ement a
nd i
nt
el
l
ec
t
ua
l
pr
oper
t
y
r
i
ght
s r
egi
me
.
2.
S
ME
DA ma
y a
l
s
o s
uppor
t a
nd t
r
a
i
n t
hos
e
r
unni
ng t
he t
ol
l
-
f
r
ee hel
pl
i
nes f
or f
a
c
i
l
i
t
a
t
i
ng
S
ME
s
,
s
o t
ha
t t
hey a
r
e mor
e a
wa
r
e of how t
o
e
x
t
end i
nf
or
ma
t
i
on t
o s
oc
i
a
l
ent
r
epr
eneur
s a
nd
s
t
a
r
t up s
oc
i
a
l
ent
er
pr
i
s
es
.
SECURI
TI
ES & EXCHANGE
COMMI
SSI
ON OF PAKI
ST
AN
S
E
CP ma
m y c
ons
t
i
t
ut
e a publ
i
c
-
pr
i
v
a
t
e wor
k
i
ng
gr
oup ,
whi
c
h c
oul
d wor
k on dev
el
opi
ng a
n
a
gr
eed upon de ni
t
i
on of s
oc
i
a
l
ent
er
pr
i
s
es i
n
Pa
k
i
s
t
a
n.
1 .
E
x
a
mpl
es f
r
om ot
her c
ount
r
i
es ma
y be s
een f
or
gui
da
nc
e of t
he wor
k
i
ng gr
oup.
T
hi
s de ni
t
i
on
ma
y t
hen be c
ommuni
c
a
t
ed t
o t
he r
el
ev
a
nt
i
ns
t
i
t
ut
i
ons i
nc
l
udi
ng t
he c
ent
r
a
l
ba
nk a
nd F
BR s
o
t
ha
t s
oc
i
a
l
ent
er
pr
i
s
es c
a
n a
c
c
es
s f
a
c
i
l
i
t
a
t
i
on
under t
he c
ent
r
a
l
ba
nk S
ME F
i
na
nc
i
ng Pol
i
c
y a
nd
ot
her r
el
a
t
ed t
a
x c
r
edi
t or deduc
t
i
ons pr
ov
i
ded by
F
BR t
o v
a
l
ue s
oc
i
a
l
wor
k
.
2.
A l
ega
l
l
y s
pel
l
ed out de ni
t
i
on c
a
n a
l
s
o gi
v
e
s
oc
i
a
l
ent
er
pr
i
s
es a s
epa
r
a
t
e i
dent
i
t
y a
t t
he t
i
me of
r
egi
s
t
r
a
t
i
on.
S
E
CP i
n c
ol
l
a
bor
a
t
i
on wi
t
h PCP c
a
n
a
l
s
o l
ook i
nt
o put
t
i
ng i
n pl
a
c
e a c
er
t
i c
a
t
i
on
s
y
s
t
em f
or s
oc
i
a
l
ent
er
pr
i
s
es
.
S
uc
h a c
er
t
i c
a
t
e c
a
n
hel
p bui
l
d c
r
edi
bi
l
i
t
y i
n f
r
ont of pot
ent
i
a
l
donor
s
a
nd f
under
s
.
3.
T
he c
ompa
ny r
ul
es ma
y a
l
s
o be a
mended t
o
i
nc
l
ude a c
er
t
a
i
n per
c
ent
a
ge r
equi
r
ement f
or
r
a
w ma
t
er
i
a
l
a
nd i
nt
er
medi
a
t
e goods
dema
nded by l
a
r
ge bus
i
nes
s
es whi
c
h c
oul
d be
pr
oc
ur
ed f
r
om s
oc
i
a
l
ent
er
pr
i
s
es
.
4.
S
E
CP i
s c
ur
r
ent
l
y i
n t
he pr
oc
es
s of
i
nt
r
oduc
i
ng a uni ed bus
i
nes
s r
egi
s
t
r
y whi
c
h i
n
t
ur
n wi
l
l
br
i
ng t
he r
ec
or
d of a
l
l
bus
i
nes
s
a
c
t
i
v
i
t
i
es a
c
r
os
s Pa
k
i
s
t
a
n under one r
oof
.
I
t i
s
t
her
ef
or
e r
ec
ommended t
ha
t a
l
l
or
ga
ni
s
a
t
i
ons
pr
ov
i
di
ng s
oc
i
a
l
s
er
v
i
c
es s
houl
d a
l
s
o be pa
r
t of
t
hi
s r
egi
s
t
r
y da
t
a
ba
s
e
.
S T
ATE BANK OF PAKI
ST
AN
S
BP ma
y c
ons
t
i
t
ut
e a wor
k
i
ng gr
oup ba
s
ed on
e
x
per
t
s f
r
om na
nc
i
a
l
s
ec
t
or a
s wel
l
a
s t
hos
e
who a
r
e c
ur
r
ent s
oc
i
a
l
ent
r
epr
eneur
s t
o l
ook
i
nt
o t
he c
r
edi
t i
s
s
ues f
a
c
ed by s
oc
i
a
l
ent
er
pr
i
s
es
.
1 .
Pos
s
i
bl
e i
nc
l
us
i
on of c
l
a
us
e t
o f
a
c
i
l
i
t
a
t
e s
oc
i
a
l
ent
er
pr
i
s
es ma
y be i
ns
er
t
ed i
n t
he S
ME F
i
na
nc
e
Pol
i
c
y a
nd pr
udent
i
a
l
r
egul
a
t
i
ons
.
2.
S
BP a
l
s
o i
nc
ent
i
v
i
s
es l
endi
ng by c
ommer
c
i
a
l
ba
nk
s t
o S
ME
s
.
S
i
mi
l
a
r i
nc
ent
i
v
es ma
y be
pr
ov
i
ded t
o s
c
hedul
ed ba
nk
s i
f t
hey t
a
k
e a r
i
s
k
on t
he v
ent
ur
es of s
oc
i
a
l
ent
er
pr
i
s
es
.
3. T
he c
ent
r
a
l
ba
nk i
n c
ol
l
a
bor
a
t
i
on wi
t
h CS
E
ma
y a
l
s
o c
onduc
t c
a
pa
c
i
t
y bui
l
di
ng s
es
s
i
on f
or
pr
ov
i
di
ng gr
ea
t
er k
nowl
edge t
o c
ommer
c
i
a
l
a
nd i
nv
es
t
ment ba
nk
i
ng i
ns
t
i
t
ut
i
ons on t
he
pos
s
i
bl
e bus
i
nes
s model
s of s
oc
i
a
l
ent
er
pr
i
s
es
.
T
hi
s wi
l
l
ov
er
t
i
me i
mpr
ov
e a
bi
l
i
t
y of ba
nk
s a
nd
MF
I
s t
o l
end t
o s
oc
i
a
l
ent
er
pr
i
s
es
.
4.
T
he pr
oc
edur
e f
or r
egi
s
t
r
a
t
i
on of equi
t
y wi
t
h
S
BP ma
y a
l
s
o be ea
s
ed f
or s
oc
i
a
l
bus
i
nes
s
es
.
T
he s
uc
c
es
s of Ak
huwa
t s
hows c
on denc
e i
n
i
nt
er
es
t
-
f
r
ee mi
c
r
o na
nc
e
.
S
BP ma
y t
her
ef
or
e
wor
k wi
t
h I
s
l
a
mi
c ba
nk
s i
n t
he c
ount
r
y a
nd
dev
el
op pr
oduc
t
s whi
c
h c
oul
d a
l
l
ow t
hes
e
ba
nk
s t
o t
a
k
e r
i
s
k
s wi
t
h s
oc
i
a
l
v
ent
ur
es
.
5.
Pr
udent
i
a
l
r
egul
a
t
i
ons a
t t
he c
ent
r
a
l
ba
nk
c
oul
d ens
ur
e t
ha
t ba
nk
i
ng s
ec
t
or t
a
k
es a r
i
s
k
t
owa
r
ds s
oc
i
a
l
ent
er
pr
i
s
e v
ent
ur
es
.
T
hi
s c
oul
d
be a
c
hi
ev
ed by r
el
a
x
i
ng r
i
s
k
-
wei
ght
ed
c
a
l
c
ul
a
t
i
on f
or l
endi
ng t
o s
oc
i
a
l
ent
er
pr
i
s
es
.