House Loan Program
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House Loan Program – Supporting Safe Housing with Dignity
House Loan Program
The House Loan Program was initiated by Tooba Foundation to provide interest-free housing support to deserving individuals. Safe and stable housing is a fundamental need, yet many low-income families struggle to improve or secure adequate living conditions due to financial constraints. This program aims to support housing stability through Shariah-compliant, interest-free financial assistance.
Project Objectives
To support safe and stable housing for deserving families
To reduce financial stress related to housing needs
To provide interest-free financial assistance in line with Islamic principles
To promote long-term self-reliance and dignity
Key Features of the Program
- PKR 1,500,000 provided to one beneficiary.
- PKR 1,200,000 provided to another beneficiary.
- Loans were issued strictly on an interest-free basis.
- Support was provided after careful need assessment and verification.
How the Project Works
Beneficiaries apply or are identified through community referrals.
Housing needs and financial conditions are carefully assessed.
Approved beneficiaries receive interest-free housing loans.
Funds are utilized for housing construction, improvement, or stability.
Repayment terms are mutually agreed to ensure affordability and responsibility.
Impact
The program significantly improved housing stability for beneficiaries. It reduced financial pressure, enhanced confidence, and enabled families to live in safe and secure environments without the burden of interest-based debt.
Conclusion
The House Loan Program represents a strong step toward sustainable welfare and long-term self-reliance. By supporting housing through ethical financial solutions, Tooba Foundation continues to empower individuals and strengthen community well-being.
