ISLAMABAD
\nKhushhali Microfinance Bank Limited (KMBL) is a winner of Pakistan\u2019s \u2018Best Microfinance Bank Award\u2019, with a vision for sustainable development, through professional excellence.
\nIn 2018, it pioneered the \u2018Khushhali Home Plus loans facility, offering up to 01 Million Rupees for the low-income individuals, who need affordable housing finance for the renovation and improvement of existing houses.
\nThis facility has already provided loans worth 08 billion Rupees, to more than 15,900 low-income individuals, to date, to accelerate socio-economic growth all over Pakistan.
\nThe Government\u2019s Markup- Subsidy Scheme introduced in July 2021, has further enriched KMBL\u2019s high-ticket house-loan scheme to expand and enrich the bank\u2019s portfolio. The Khushhali Apna Makaan (KAM) under the Government\u2019s Subsidized Scheme has approved a total amount of over 3 Billion Rupees.
\nIt has serviced 1,400 rural-area individuals, by disbursing a cumulative amount of over 01.8 billion Rupees, while the total approved amount for this segment is 2.2 billion Rupees. Among these, more than 294 were female clients, who have been granted cumulative loans of 409 million Rupees, while the total amount approved for the female segment to date is 510 million Rupees.
\nThe overall Housing Portfolio of KMBL comprises 17,800 Low-Income individuals, who have been serviced by disbursing a cumulative amount of 10.9 Billion Rupees, while the total amount approved for this portfolio is over 11 Billion Rupees. More than 13,000 Rural area customers have been serviced so far, by disbursing 08 Billion Rupees. A total of 2,515 Female clients have been serviced in this portfolio by providing loans worth 1.6 Billion Rupees.
\nThe President and CEO of KMBL \u2013 Mr. Ghalib Nishtar stated that: \u201cThe overwhelming success of the \u2018Apna Makaan\u2019 House-Loan facility reflects the customer-centric approach and the resourceful performance of Khushhali Microfinance Bank. Improving the quality of accommodation to elevate the standard of living for the deprived masses is one of our key strategic objectives.
\nThis endeavor is also in sync with the bank\u2019s inspirational Corporate Social Responsibility (CSR) program, aimed at improving: Financial-inclusion, poverty alleviation, empowerment, public health, education, and environmental protection.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD Khushhali Microfinance Bank Limited (KMBL) is a winner of Pakistan\u2019s \u2018Best Microfinance Bank Award\u2019, with a vision for sustainable development, through professional excellence. In 2018, it pioneered the \u2018Khushhali Home Plus loans facility, offering up to 01 Million Rupees for the low-income individuals, who need affordable housing finance for the renovation and improvement of […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-271134","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\n