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12,000 Nicaraguan Families to Benefit From Improved Housing Conditions
The Inter-American Development Bank (IDB) approved a loan of up to $5 million to Nicaragua’s Foundation for the Promotion of Local Development (Prodel), paving the way for the non-profit organization serving the base of the pyramid to expand financing for basic community infrastructure and incremental home improvement projects.
- Categories
- Finance
- Tags
- housing, microfinance
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Is Brazil Truly a Latin American Social Housing Leader?
Extreme poverty levels have decreased by over 50 percent since 2003 as a result of several initiatives across Brazil. In the housing sector, the most notable effort was the 2009 launch of Minha Casa, Minha Vida (My House, My Life) – aimed at constructing new homes while simultaneously creating objectives to cease the presence of insalubrious living conditions that have long characterized the country. The program has subsequently become a template for progress in global BoP housing sector, but a closer look at the facts reveals another story…
- Categories
- Finance, Uncategorized
- Tags
- housing, infrastructure
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An Entrepreneur’s View: WorldHaus, A Prototype for Progress in Global Housing
After months of planning and securing the prototype location in the outskirts of Chennai, India, we were ready to build in late summer of 2011. We begin our first housing development next month and aim to build over 500 houses by the end of the year.
- Categories
- Finance, Uncategorized
- Tags
- housing, rural development
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Why the Failure of the Nano Has Been a Success
The Tata Nano’s launch failed by nearly every measure, including highly publicized flame outs of just purchased cars. Yet the $2,000 Nano gave companies thinking about emerging segments in emerging markets something to talk about. The hype caused firms of many sizes and industries to plan or imagine how their products might someday reach the poor.
- Categories
- Finance
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Affordable Housing for All – In Our Lifetime
In order to fix broken affordable housing value chains, each player needed to move from a mindset where they were competing for a limited ?wallet share, to one in which multiple players ? each with different assets to make the wallet actually expand in size - came together in significant and increasing numbers to overcome major obstacles.
- Categories
- Finance, Uncategorized
- Tags
- housing
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Housing Series: The Critical Shift Toward Asset Building
For over two decades, the partnership between the Citi Foundation and Habitat for Humanity International relied heavily on a "one house, one family," volunteer house-building model. But a shift to a strategy that increases the supply of financial products and services that accelerate financial inclusion is urgently needed.
- Categories
- Finance, Uncategorized
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Housing Series: The Case for Housing Support Services
Access to finance and secure tenure has been shown to be the most effective catalysts for self-help incremental housing improvements. But while they are essential, even together, they are not sufficient to improve the living conditions for many of the world’s low-income populations.
- Categories
- Finance
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NextThought Monday: Creative Ways to Boost Youth Entrepreneurship
The risks of investing in young entrepreneurs are well known: inexperienced managers, murky business plans, overly optimistic views of the market, etc., etc. Youth Business International (YBI) recently issued Closing the Gap, a report that pulled together several case studies showing how the finance gap can be bridged for young entrepreneurs.
- Tags
- youth