Karachi, 06 January 2010 – Two institutions of the Aga Khan Development Network, The First MicroFinanceBank Ltd Pakistan (FMFB) and the Aga Khan Planning and Building Service, Pakistan (AKPBS), are launching a programme designed to help poor and low-income families make their homes safer, healthier and more energy efficient.
FMFB will provide needs-based, short to medium-term financial services (housing finance) for both structural and non-structural improvements to the houses. AKPBS will offer technical advice on seismic-resistant construction, sanitation and energy efficiency.
via Press Release: Microfinance Helps Poor Families Build Safer Housing in Pakistan
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Ismailimail 
This seems like a very good initiative because it will go on to prevent the exploitation of the poor by landlords who jack up rent, power prices and water tariffs every six months or so. One question – does FMFB require collateral in this regard?
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