Acumen Fund

Affordable Housing Developer for Low-Income Segments

AMC, which is led by former Acumen Fellow Jawad Aslam, is working to build affordable housing for low-income customers in Pakistan.

With poverty rates nearing 50% and accumulated housing deficit of 6 million units, the development and supply of affordable housing presents itself as a great challenge in urban Pakistan. .
Current forecasts of rural-urban migration predict that low income populations in major urban centers are expected to double in the next fifteen years and will further strain the existing housing shortage in Pakistan.
Among the very few organizations actually addressing the affordable housing shortage is Saiban, pioneering the incremental housing model and an existing Acumen Fund investment.

Ansaar Management Company (AMC) is a for-profit, low-cost housing development and management company.
AMC leverages the crucial lessons and insights from another Acumen Fund investment, Saiban's Khuda ki Basti (KKB) model, stressing self-reliance and community development.
AMC takes the Saiban incremental housing model further with a strong focus on scalability and sustainability through its for-profit, low-cost approach.
AMC will serve the income segment earning between $85-300 per month ($2-10 per day) - income groups that are inadequately served by the public and private sectors.

AMC has the potential to be the first for-profit low-cost housing company with the initial target of reaching over 2,500 lower income families in Pakistan through its first project.
With a strong focus on community development, the company provides an integrated approach to affordable, quality housing solutions with a long term vision to scale affordable housing at a national level.