{"id":75365,"date":"2025-05-23T21:37:29","date_gmt":"2025-05-23T16:37:29","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=75365"},"modified":"2025-05-23T21:37:29","modified_gmt":"2025-05-23T16:37:29","slug":"microfinance-companies-to-offer-easy-home-loans-under-apni-chhat-apna-ghar-scheme","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/pakistan\/microfinance-companies-to-offer-easy-home-loans-under-apni-chhat-apna-ghar-scheme\/","title":{"rendered":"Microfinance companies to offer easy home loans under ‘Apni Chhat Apna Ghar’ scheme"},"content":{"rendered":"

LAHORE: In a groundbreaking move, the Securities and Exchange Commission of Pakistan (SECP) approved regulatory relaxations for Non-Banking Microfinance Companies (NBMFCs), enabling them to participate in the CM Punjab Maryam Nawaz’s housing scheme, apni Chhat Apna Ghar<\/a>.<\/strong><\/p>\n

Punjab CM Maryam Nawaz\u2019s flagship initiative, called<\/span> the<\/span> Apni Chhat Apna Ghar initiative, is aimed<\/span> at<\/span> helping<\/span> low-income families in<\/span> Punjab to get affordable<\/span> housing<\/span> solutions<\/span>.<\/p>\n

By allowing Non-Banking Microfinance Companies to participate<\/span> directly<\/span> in the scheme, the<\/span> Securities and Exchange Commission of Pakistan has<\/span> helped<\/span> to<\/span> open<\/span> a<\/span> path<\/span> for underserved communities to access home financing,\u00a0a sector that<\/span> has<\/span> not<\/span> attracted<\/span> any<\/span> meaningful<\/span> interest<\/span> from<\/span> traditional<\/span> financial institutions.<\/p>\n

These microfinance firms are a<\/span> pillar<\/span> in the<\/span> financial services ecosystem and<\/span> are\u00a0mainly<\/span> recognized<\/span> for supporting<\/span> low<\/span>–<\/span>income<\/span> and marginalized<\/span> communities<\/span> with<\/span> microloans<\/span> and<\/span> livelihoods<\/span>.<\/span><\/p>\n

After<\/span> the<\/span> approval<\/span>, these financial<\/span> institutions can now diversify<\/span> their services to include housing finance for<\/span> the benefit<\/span> of the<\/span> most vulnerable populations in<\/span> Pakistan<\/span>.<\/p>\n

\u201cThis regulatory easing represents<\/span> SECP\u2019s commitment to inclusive economic growth, because<\/span> empowering NBMFCs to extend their reach into affordable housing will<\/span> help<\/span> bolster<\/span> efforts to uplift underserved communities and stimulate socio-economic development,<\/span>\u201d<\/span> the<\/span> Commission<\/span> said<\/span>.<\/p>\n

Players<\/span> in the<\/span> microfinance and housing sector<\/span> have<\/span> welcomed the news<\/span> as<\/span> a<\/span> means<\/span> of<\/span> bridging<\/span> critical financing gaps and providing<\/span> meaningful changes<\/span> to thousands of low-income families<\/span>.<\/p>\n

Eligibility Criteria for Apni Chhat Apna Ghar Scheme<\/a><\/h2>\n

Apni Chhat Apna Ghar\u2019s initiative aims at supporting families with monthly income below Rs50,000, those living in rental properties.<\/p>\n

    \n
  • Head of their household in the NADRA records.<\/li>\n
  • Reside permanently in Punjab, as indicated on their CNIC.<\/li>\n
  • Own a land plot of up to 5 Marlas in urban areas or up to 10 Marlas in rural areas within Punjab, where they plan to build their house.<\/li>\n
  • Have no serious criminal record.<\/li>\n
  • Have no outstanding debts to banks or financial institutions.<\/li>\n
  • Be registered with the National Socio-Economic Registry (NSER) with a PMT score of 60 or lower.<\/li>\n<\/ul>\n
    \n
    The Punjab government has announced an ambitious plan to construct approximately 100,000 affordable homes, with the initial phase focusing on the construction of 5,760 houses.<\/div>\n<\/div>\n

    This initiative will benefit residents in key cities, including Lahore, Rawalpindi, Faisalabad, Sialkot, Multan, and Sargodha. By providing affordable housing options, the government aims to address the pressing need for shelter among low-income families and contribute to the overall development of these cities.<\/p>\n","protected":false},"excerpt":{"rendered":"

    LAHORE: In a groundbreaking move, the Securities and Exchange Commission of Pakistan (SECP) approved regulatory relaxations for Non-Banking Microfinance Companies (NBMFCs), enabling them to participate in the CM Punjab Maryam Nawaz’s housing scheme, apni Chhat Apna Ghar. Punjab CM Maryam Nawaz\u2019s flagship initiative, called the Apni Chhat Apna Ghar initiative, is aimed at helping low-income […]<\/p>\n","protected":false},"author":9,"featured_media":47604,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1417,27821,28975],"class_list":["post-75365","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pakistan","tag-securities-and-exchange-commission-of-pakistan","tag-eligibility-criteria-for-apni-chhat-apna-ghar-scheme","tag-non-banking-microfinance-companies"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/75365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=75365"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/75365\/revisions"}],"predecessor-version":[{"id":75366,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/75365\/revisions\/75366"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/47604"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=75365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=75365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=75365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}