Feed the Future
This project is part of the U.S. Government's global hunger and food security initiative.

Housing

The rapid urbanization of global poverty is contributing significantly to the rise of housing finance on the international development agenda. Seventy percent of the urban housing stock in sub-Saharan Africa, fifty percent in South Asia, and twenty-five percent in Latin America and the Caribbean are of poor quality, lack basic services of water and sanitation, and are characterized as slums. Microfinance for housing (MFH) holds promise for alleviating lack of shelter for the poor, as well as opening a new product area for growth for microfinance institutions. Designed to meet the housing needs of those without access to the banking sector or formal mortgage loans, MFH targets low-income households who wish to expand or improve their dwellings, or to build a home in incremental steps relying on sequential small loans.