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Something New in BoP Housing: A new OMJ study explores four key business models tailored to low-income consumers
In a study just published by the Opportunities for the Majority (OMJ) at the Inter-American Development Bank (IDB), researcher Christy Stickney highlights several promising approaches to penetrating the BoP housing markets in Latin America and the Caribbean, based on 11 cases from Colombia, México, Nicaragua, Paraguay, and Peru.
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- Uncategorized
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April’s Most Popular Posts: Better housing loans, a letter to Google and impact investing growing pains
One of the most satisfying things about working here at NextBillion is getting to publish articles from first-time writers. It’s especially satisfying to see those rookie contributors shoot to the top of the most viewed list for the month. That was the case in April.
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- Investing
- Tags
- housing, impact investing
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NexThought Monday – China’s Social Enterprise Movement Set to Blast Off: The country is urging a bigger role for social enterprise in society and the economy
China is urging a bigger role for social enterprise in society and the economy. In response, socially-minded businesses are taking off. Given China’s energy and strong entrepreneurial spirit, as the social enterprise movement grows and flourishes, the world’s second largest economy could soon be poised to make a significant global impact.
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- Impact Assessment, Social Enterprise
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- housing, scale, social enterprise
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Habitat for Humanity launches housing micro-credit in Costa Rica
Poor would-be homeowners will have the chance to remodel or build their own homes in a housing market that skews toward the rich.
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- Finance
- Tags
- housing, human rights, microfinance
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$30M Investment Fund Focuses on Detroit Housing
The Troy MI-based Kresge Foundation and a Washington nonprofit on Tuesday announced a $30 million effort aimed at building housing along Detroit’s Woodward Avenue corridor. The project will be called the Woodward Corridor Investment Fund, and will provide long-term fixed rate loans that aren’t now available through traditional financing. The aim is to allow developers to move quickly on construction projects.
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- Investing
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- housing
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Programa Vivenda: Housing, bonds and community
Programa Vivenda is taking a different approach to the market, and has managed to spot unexplored demand and positively impact many families in the process. The startup delivers better quality of life to the population through home renovations, kits and technical assistance aimed at improving comfort and covering the expenses of owning a house.
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- Uncategorized
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- housing
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What´s Holding Back the BoP Housing Sector?: The need is clear – so where’s the investment?
UN statistics indicate that some 67 new low-income housing units are needed somewhere in the world every minute. BoP housing and related infrastructure is massively ripe for investment, with an estimated profit potential of between US$ 177 and US$ 648 billion up to the year 2020. So why hasn’t this investment happened? Unfortunately, there are a number of reasons.
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- Investing
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- housing, infrastructure
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Habitat for Humanity and the Citi Foundation Unveil Housing Microfinance Toolkit
Habitat for Humanity and the Citi Foundation announced the publication of a new toolkit designed to provide technical training and tools to encourage microfinance institutions to include or enhance housing microfinance products in their portfolios. The Housing Microfinance: Product Development Toolkit is intended to influence the $60 billion global microfinance sector, resulting in small, affordable loans that low-income families can use to improve their housing incrementally.
- Categories
- Finance
- Tags
- housing, microfinance