GharHo

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“Transforming lives through low-cost housing finance.”

Lean Operational Model

Market differentiating agency based social development model, partnering with existing MFI’s & Business Process Outsourcing vendors that have decades of entrenched social networks and experience of working in local markets.

Risk Management

Our strength lies in our risk mitigation. Our proprietary scoring model is based on best practices observed from other countries with large informal economies and developing home lending market. We are the first specialised private lending institution in Pakistan to cater to the very low-income and informal employment customer mass market.

Partner Eco System

We are looking to create meaningful partnerships with suppliers which will facilitate the provision of affordable, high quality homes following Green Building Standards, Solar Energy, Water treatment and Waste Management Services to our customers.

Our Product Offering

GharHo is committed to provide Islamic home financing accessibility across Pakistan and make their dreams of owning a home a reality. Our product caters to all 3 different home financing segments i.e Upfront purchase of a house/flat, Renovation of a property already in livable condition and for Plot purchase and construction on it or just construction on your owned property. GharHo is based on Islamic Finance principles of Diminishing Musharakah (joint ownership).

Special Product Features:

  • Shariah Compliant Product.
  • Financing Limit: PKR 500,000 (5 Lakhs) till PKR 30,000,000 (3 Crores).
  • Balloon Payments and Full repayment allowed after completing 1 Year.
  • Ability to add Co-borrower(s).
  • Financing can be used to purchase a property for investment purposes (i.e. You can rent out the property)

Details: Islamic Home Financing to assist in purchase of a house.

Nationality / Residency Requirements: All citizens residing in Pakistan and holding a valid CNIC (not expired)

Minimum Financing Amount: PKR 500,000 (5 Lakhs)

Maximum Financing Amount: PKR  30,000,000 (3 Crores)

Maximum Trellis Contribution: 85%

Minimum Customer Contribution: 15%

Income Requirements (Monthly):

Minimum: PKR 20,000

Maximum: No Limit

Age Requirements:

Minimum: 23 years

Maximum: 60 years

Minimum Loan Tenor: 5 years

Maximum Loan Tenor: 25 years

Details: Islamic Home Financing to assist in buying a plot and construct on it or just construct on your own plot.

Nationality / Residency Requirements: All citizens residing in Pakistan and holding a valid CNIC (not expired)

Minimum Financing Amount: PKR 500,000 (5 Lakhs)

Maximum Financing Amount: PKR 30,000,000 (3 Crores)

Maximum Trellis Contribution: 80%

Minimum Customer Contribution: 20%

Income Requirements (Monthly):

Minimum: PKR 20,000

Maximum: No Limit

Age Requirements:

Minimum: 23 years

Maximum: 60 years

Minimum Loan Tenor: 5 years

Maximum Loan Tenor: 25 years

Details: Islamic Home financing to assist in the renovation and extension of a property, already in liveable condition.

Nationality / Residency Requirements: All citizens residing in Pakistan and holding a valid CNIC (not expired)

Minimum Financing Amount: PKR 500,000 (5 Lakhs)

Maximum Financing Amount:  PKR 30,000,000 (3 Crores)

Maximum Trellis Contribution: 80%

Minimum Customer Contribution: 20%

Income Requirements (Monthly):

Minimum: PKR 20,000

Maximum: No Limit

Age Requirements:

Minimum 23 years

Maximum 60 years

Minimum Loan Tenor: 5 years

Maximum Loan Tenor: 25 years

Details: Transferring your mortgage from another financing institution to GharHo.

Nationality / Residency Requirements: All citizens residing in Pakistan and holding a valid CNIC (not expired)

Minimum Financing Amount: PKR 500,000 (5 Lakhs)

Maximum Financing Amount:  PKR 30,000,000 (3 Crores)

Income Requirements (Monthly):

Minimum: PKR 20,000

Maximum: No Limit

Age Requirements:

Minimum 23 years

Maximum 60 years

Minimum Loan Tenor: 5 years

Maximum Loan Tenor: 25 years

A Unique Social Impact Investment

We see GharHo social impact beyond simple home financing solutions. We believe that providing access to housing helps pull customers out of poverty and transforms their lives for the better.

Our Partner Eco System

Proudly Supporting UN Social Development Goals