Khushhali Microfinance Bank launches ‘Apna Makaan’ home-financing for the low-income segment
Khushhali Microfinance Bank press releases an innovative product – 'Apna Makaan' – an affordable home-loan that provides the low-income households
Islamabad: August 24, 2021 – Khushhali Microfinance Bank Limited (KMBL), Pakistan’s leading microfinance institution, has recently launched another innovative product – ‘Apna Makaan’ – an affordable home loan that enables low-income households with an opportunity to own a formal home and improve their quality of life.
This is a unique opportunity for the low-income segment to obtain home loans at a low premium of up to PKR 2,000,000/- for the purpose of the purchase, construction, or extension of their homes. This facility can be availed through KMBL branches and is repayable in equal monthly installments for a tenure of 5-20 years. This offer is structured under the ‘Mark-Up Subsidy Scheme’ which is regulated by the Government of Pakistan to support the construction industry and boost the economy.
President Khushhali Microfinance Bank, Ghalib Nishtar, stated, “This new offering is receiving a positive response from the targeted segments of society, while our nationwide awareness campaign is inspiring them to get easy access to affordable financing through KMBL and build their homes. While the Government of Pakistan has a progressive vision to improve the quality of life for the lower-income groups, KMBL continues to play a critical role in raising the standard of living and ensuring the availability of housing through inclusion for the larger mass market in the country.”
With the launch of this homeequity financing product, KMBL aims to provide a sustainable solution for well-being and an opportunity to build wealth for their family.
For more details regarding ‘Apna Makaan’, please contact the helpline 051-111 047 047 or visit the website: https://www.khushhalibank.com.pk/khushhali-apna-makaan
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