Linking Remittances Beyond Consumption with Housing Microfinance (Presentation)

  • Date Posted: October 12, 2011
  • Authors: Diego Rios
  • Organizations/Projects: Microfinance International Corporation
  • Document Types: Primer or Brief, Other
  • Donor Type: U.S. Agency for International Development

This presentation explores the ways in which the practice of sending remittances can be linked to asset-building activities in one’s country of origin. Specifically, how the use of a transnational mortgage allows for the purchase or improvement of a residential property and provides immigrants living abroad with the option to use remittances beyond consumption.