Housing microfinance for women in Nepal

Housing microfinance for women in Nepal

Round 3 Nepal ICT/Financial Inclusion Completed

51%

49%

Partner contribution

$ 377,128

DFAT contribution

$ 376,489

Icon Total Funds

Total Value

$ 753,617


Start: March 2019 - End: March 2019

Partners

Habitat for Humanity International – Nepal

Habitat for Humanity International (HFHI) – Nepal is an international NGO with a vision of a world where everyone has a decent place to live. HFHI has a focus on providing shelter and advocating for affordable housing in Nepal.

Jeevan Bikas Samaj

Jeevan Bikas Samaj (JBS) is a microfinance institution established in 1997 to improve the socio-economic and cultural circumstances of marginalised people. JBS provides microfinance services in seven districts of Nepal.

Sahara Nepal

Sahara Nepal Saving and Credit Cooperative Society has been contributing to the formation of a poverty free prosperous society. It provides wide variety of financial products and services in Nepal. The majority of its clients are rural women (95 per cent).

About this partnership

This partnership brings together Habitat for Humanity International (HFHI) with Nepali microfinance institutions (MFIs) and the Australian Department of Foreign Affairs and Trade (DFAT) to develop housing microfinance (HMF) products. The pro-poor, climate and disaster-aware housing improvements are designed specifically for low-income women living in remote areas. Habitat for Humanity’s Housing Support Services (HSS) technology platform will be rolled-out through the MFIs to empower borrowers, particularly women, to plan, budget and implement these housing projects.

This partnership aims to demonstrate the business case to MFIs for creating HMF products specifically for low-income women living in remote areas.  For low-income families access to housing finance enables housing developments to improve health and disaster resilience.

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