According to Mohammad Yunus, while Nepal may have expanded its offering in terms of microfinance access to the underserved, it must further progress. This can only be done when MFIs not only give out loans, but also facilitate the borrowers by helping them set up their own successful micro-enterprises. Read […]
According to the Thai Prime Minister, Yingluck Shinawatra, announced an intricate network of village banks, which operate locally and have an outstanding number of active borrowers. This scheme has helped enhance rural credit and enhanced financial inclusion, but also has its drawbacks. Read more here.
Most microfinance institutions in India are changing their repayment structures, in the face of stringent regulatory norms and lack of bank funding. Instead of collecting repayments weekly, institutions like Trident and Equitas are piloting monthly repayment schemes. This is aimed at reducing operational costs. Read more here.
The State Bank of Pakistan has facilitated the adoption of microfinance, by becoming an early adopter of microfinance credit reporting systems. In 2003, this system was even made electronic. This post portrays some of the lessons to be learned from this concerted effort of all arms of the Pakistani financial […]
The National Housing Corporation of Tanzania is facing record levels of demand for low cost housing units, with customers paying immediate down-payments for housing units in Dar es Salaam. A record number of 182 houses were sold in a matter of two days. Read more here.
The Central Government has approved the increase in amount of aid disbursed to the poor for rural housing units acquisition from INR 45,000 (US$ 840) to INR 70,000 (US$ 1305) in plains and INR 75,000 (US$ 1399) in hilly and difficult regions. Read more here, and the funding details here.
The Savannah Accelerated Development Authority (SADA) is all set to launch a new and improved housing programme for the NSEZ or the Northern Savannah Ecological Zone. Read more here.
While the need for housing microfinance is great, given the rapid rate of urbanization in most developing countries, housing microfinance have not been able to find a balance between adequately serving need and bringing about developmental changes yet. Read more here.
This post talks about the need for decent and affordable housing to poor communities, termed as Moladi by Dr. Ernst Friedrich Schumacher. It takes into consideration Abraham Maslow’s “hierarchy of needs” pyramid to integrate housing with other human needs. Moladi is also the name of an affordable housing solution which […]
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