A new study from Habitat for Humanity says that housing microfinance can and should become a mainstream offering for financial institutions in Sub-Saharan Africa as they respond to growing housing needs in the region, particularly from poor people.
The business case study is entitled "Building the Business Case for Housing Microfinance: Sub-Saharan Africa". It builds on a project carried out over six years in Kenya and Uganda called "Building Assets Unlocking Access". The project was a partnership between Habitat’s Terwilliger Center for Innovation in Shelter and the Mastercard Foundation. So far, the project has reached over 47,000 households and mobilized more than USD 43 million in capital to benefit over 237,000 individuals.