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Trellis HFL

Start-up

The story

This is a very exciting opportunity to work alongside the founding members of an organization to establish and scale a truly innovative Digital Affordable-Housing Green Mortgage Bank, that strives to become the benchmark of how to galvanize social development and transform societies within a short period of time.
There are

11 – 50

employees in the company

Below 1M

Company annual revenue

Offices

We have 2 offices in Karachi, one in DHA Phase 1 & another on I.I. Chundrigar Road
  • Pakistan flagKarachi
Office image

Markets

Pakistan has one of the lowest housing finance-to-GDP ratios in the world - 0.25% (other averages: 3%; Bangladesh: 3%; India: 11%, EU 70%)

Total population 216 million, approx. 100 million people unbanked & 51 million people with no electricity.

10 million homes shortage (6.5m people2 or 30% population), growing by 0.7 million per annum

Significant affordability challenges mortgage products extended to high-income group at an average LTV (loan to value) of 48% with interest /mark-up rates ranging from 17% to 24%

Recent implementation of housing finance regulations, foreclosure mechanisms & title deeds land record automation