Karamel Cookies
Owner(s) | Ms Sheena Dara Khan |
Project | M/S Proximity pak Karachi |
Project Location | 50 old Clifton, opposite Mohatta Palace Karachi |
No. of Employees (direct & indirect) | 50 |
Project Size | PKR 20 Million |
Bank | Abhi (Pvt) Limited |
Project Overview
Karamel Cookies, a renowned brand for cookies and desserts, has established a strong presence in Karachi, Lahore, Islamabad, and Rawalpindi. Specializing in customized cakes, cookies, brownies, muffins, tarts, breads, and ice creams, Karamel caters to both wholesale partners and retail customers.
SEDF’s Assistance
Karamel Cookies, a woman-led enterprise, benefited from assistance provided by SEDF in collaboration with Abdi (Pvt) Limited, an institutional partner of SEDF. This alliance facilitated the fulfillment of Karamel Cookies’ financial needs, with SEDF offering the KIBOR subsidy. As a result of this support, Karamel Cookies was able to maintain its operations and expand its business, even in the face of a difficult investment climate in the country.
With a 100% markup/KIBOR subsidy on CapEx and a 50% subsidy on working capital, Karamel Cookies was able to benefit significantly from the assistance provided by SEDF. This support not only made it financially feasible for Karamel Cookies to continue their business activities but also enabled them to invest in expanding their operations. By receiving this support, Karamel Cookies was able to navigate the tough economic conditions and thrive as a women-led business, contributing positively to the local economy.