Ansaar Management Company

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Building affordable housing and a sense of community for low-income families living amidst Pakistan’s urban sprawl

REGION
Pakistan
SECTOR
Housing

FIRST YEAR OF INVESTMENT

2009

The Challenge

Poverty rates in Pakistan are nearing 50 percent. The country faces a housing shortage of six million homes, and forecasts predict that low-income populations in major urban centers are expected to double in the next 15 years.

Half of the urban population lives in unplanned squatter settlements that lack electricity, clean water and sanitation. Despite the deplorable conditions, residents are required to pay considerable rents. Without legal title to the land they live on, they can be evicted at any time and hold no economic collateral with which to gain access to formal credit markets.

The Innovation

Half of the urban population lives in unplanned squatter settlements that lack electricity, clean water and sanitation. Despite the deplorable conditions, residents are required to pay considerable rents. Without legal title to the land they live on, they can be evicted at any time and hold no economic collateral with which to gain access to formal credit markets.

AMC grew out of Saiban, an Acumen investee known for its incremental housing model focused on self-reliance and community development, and is applying Saiban’s insight at a larger scale.

The Impact

For its first project, AMC has developed 36 commercial plots and more than 1,000 residential plots, providing homes to nearly 2,000 people outside of Lahore. After a thriving community has been built, AMC will sell the remaining 25 to 30 percent of land at a premium. This will help ensure the company’s financial sustainability. Over time, AMC’s vision is to scale across Pakistan and become a global leader in the provision of affordable housing communities.

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