Trellis Housing Finance Limited

Trellis Housing Finance Limited, based in Karachi, Pakistan, focuses on providing accessible housing finance solutions targeting low-income individuals and those in informal employment through compliant Islamic financing methods. Founded in 2020, Trellis Housing Finance Limited specializes in housing finance solutions in Pakistan. The company was established by Jamshed Meherhomji and Sam Hjelmfelt, aiming to improve housing accessibility. Its headquarters is in Karachi, and it has completed 1 deal, raising a total of USD 0.

30 mn as of November 2, 2021. Trellis Housing Finance Limited offers accessible housing finance solutions aimed at low-income individuals and informal workers in Pakistan. Their core product, GharHo, utilizes Islamic financing principles, specifically Diminishing Musharakah, allowing joint ownership of properties. GharHo addresses three key areas: upfront home purchases, property renovations, and financing for new constructions on owned plots, aligning with the government’s Mera Pakistan Mera Ghar program to promote affordable housing across urban and rural areas.

The company generates revenue primarily through its GharHo program, which finances the purchase, renovation, or construction of homes. Clients can choose balloon payments or complete repayment after one year. Trellis collaborates with various banks and microfinance institutions to provide optimal financing solutions, offering financing limits ranging from PKR 500,000 to PKR 30,000,000 to meet diverse client needs. In November 2021, Trellis Housing Finance Limited secured venture funding from investors including Fatima Gobi Ventures and Insitor Partners to expand operations in Pakistan.

The company plans to develop new products and enhance its service offerings while focusing on reaching more low-income households. This funding will support their strategies to grow their market presence and introduce innovative financial solutions.