Abdull Razaq - Raza Apparels, Faisalabad:

Abdull Razaq is the owner of Raza Apparels. As it lies in the textile sector their major products include bed sheets. BSF helped them in acquiring IT support, desk study and final audit services.

"We utilized BSF's grant for the improvement of our IT and Finance department, labor in/out gate system, which helped us a lot. It helped us to approach new customers and increased our business by approximately 20%." said Mr. Abdul Razaq

According to Mr. Imtiaz Hussain:

Pakistan faces a number of significant challenges that are dampening our economic growth. The global credit crunch, energy shortages, increased competition in different sectors worldwide, a deteriorating security situation and a stalled economic reform agenda sums up in discouraging the investment. The services of the BSF in these challenging situations are appreciable in all manners and they have enabled us to employ modern techniques & practices, build within ourselves the different skills, know-how, expertise and market understandings required by a fast-changing economic environment and support employment generation and economic growth in developing our competitive and sustainable agribusiness sector. The mission for which BSF was incorporated are shown to be fruitful in strengthening and supporting demand driven private sector service delivery mechanisms throughout the business value chain including supply inputs, production, processing and market access for domestic and export markets. BSF has completely recognized and revolutionized the grant support system for the SME sector that comprises 90% of all economic establishments. It is a ground breaking step for the development of SME grant support system and through the transparent grant system of BSF our company enhanced the capacity by 25-30 %. We being the exporter of fresh fruits & vegetables were able to meet the international standards only because of the grants support system of BSF. The credit goes to BSF for brining the paradigm shift in Pakistan for recognizing the needs of SME's by funding financial solutions and sharing of the costs incurred. The staff of BSF is extremely professional and the assessment process is very transparent. We thank BSF for making it happen for the SME sector and the continuity of the BSF grants system will further enhance the development of the SME sector.

Axiom Corporation - Karachi:

Axiom Corporation is a food & beverages company and is known for its prime quality and variety of products. SME Business Support Fund assisted the Axiom Corporation for HACCP certifications, External Audit, Consultancy and market research along with the financial support.

As per Mr. Adeel Polani "After getting unconditional support from BSF now We meet the requirements by our customers as precisely as specified in the contract that we enter into and with the support of BSF we now have International recognition of our Products. Now we are more reliable exporters and our profits have increased up to 30%."

He further added "despite the fact that our prices are slightly above those of the competitors, our clients are still willing to buy from us due to the consistently high level of product quality. With the help of BSF, the management has learned that it is important to deliver high quality products to the customers on time. Local staff has to be educated about export markets, product packaging standards and export documentation."

Khwaja Muhammad Daud - Mehmood Cotton Factory, Multan:

Khwaja Muhammad Daud running a textile business was in search of consultancy for mechanical and technological up-gradation. Capital investment was also one of the impediments being faced by Mr. Khwaja Muhammad. BSF was the platform who supported them in the wake of tech up gradation to draw maps for modifying the motors and the pullies which ultimately reduced the production cost and boosted their profits.

Mr. Imtiaz Hussain - Imtiaz Enterprises, Karachi:

Imtiaz Enterprises specialized in processing and export of fresh fruits and vegetables. The company was established in 1989 with an aim to achieve excellence in this vast field. They are one of the biggest wholesalers in Karachi. BSF provided them required consultancy services for HACCP Certification and Panaflex.

Stoneware (Pvt.) Ltd, Gujrat:

Ghulam Rasul owns Stoneware (Pvt.) Ltd. which manufactures Glass Ceramics commonly known as "Opal Glass", table covers and decorative wares since 1992. The company wanted to expand their production and upgrade quality through designing of small furnace and dies. BSF supported stoneware (Pvt.) Ltd for the tech-up-gradation services required by them which mainly included Redesigning and Manufacturing of crucibles pots.

"With the help of BSF now we are saving around 80,000 per month and earning additional 10% revenue per annum." Said Stoneware representative.

Success Stories of the SME Business Support Fund:

To promote Small and medium enterprises in Pakistan, SME Business Support Fund has partnered different Management consultants. These Professionals are working with SME BSF to promote SMEs from different sectors.