Wednesday
October 31
2018

Report: Habitat for Humanity finds Housing Microfinance helps improve living conditions in Kenya

A new report from Habitat for Humanity’s (www.Habitat.org) Terwilliger Center for Innovation in Shelter shows that low-income people in Kenya who obtain innovative microfinance loans to improve their housing also experience a significant increase in their quality of life.

The report is an impact evaluation study of the Building Assets, Unlocking Access (https://bit.ly/2qmfPml) project, a partnership between Habitat for Humanity’s Terwilliger Center for Innovation in Shelter and the Mastercard Foundation. The project helped financial institutions to develop effective housing microfinance products and services.

“We know there are strong connections between safe, decent housing and a family’s health and financial stability,” said Patrick Kelley, Vice President of Habitat for Humanity’s Terwilliger Center for Innovation in Shelter.

Photo courtesy of Albert Gonzalez Farran.

Source: Africa News (link opens in a new window)

Categories
Finance, Impact Assessment
Tags
housing, Impact Assessment, microfinance, microlending, social impact