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An Uncommon Gathering, For a Common Agenda: Affordable Housing at the BoP
In December, Ashoka in partnership with the Hilti Foundation brought, several other organizations tackling affordable housing in various geographies and with varying approaches in Barcelona for a Summit of Global Housing Entrepreneurs. The goal: to identify a common agenda to advance affordable housing for BoP populations globally.
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NextThought Monday: Pakistan: A Land of Misunderstood Opportunity
I want to show you the greatness of this country, and what can be done to improve it. I’m talking about a different side of Pakistan than you usually hear about, and I want to make sure you distinguish the two in your mind... As Ralph Waldo Emerson said, "To be great is to be misunderstood." Pakistan is both.
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- Technology
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What if You Could Unlock the Potential of a Trillion-Dollar Housing Market?
Check out Ashoka’s "A New Alliance for Global Change" article in the September, 2010 issue of Harvard Business Review, where Ashoka CEO Bill Drayton and Full Economic Citizenship’s Chief Entrepreneur Valeria Budinich. Here’s how you can get a complimentary copy.
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The Role of Civil Society Organizations Bridging the Gap in Affordable Housing Value Chains
India recently saw a spate of announcements for affordable housing projects being launched in various parts of the country. So, what has led to developers getting involved with affordable housing projects in India?
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Frontier Investments: Focused on Mobile Banking, Microinsurance & Housing
ACCION International’s Frontier Investments Group is a double bottom line, venture equity fund focused on catalyzing a new approach to microfinance. It invests in new technologies and disruptive business models that can powerfully enhance the way financial services are delivered to the poor. Building upon microfinance’s success in "banking the unb...
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IFC Sharpens Focus on Affordable Housing, Housing Finance in India
The FINANCIAL -- IFC, a member of the World Bank Group, is working with key stakeholders including government, regulatory bodies, private sector developers, and financiers to help make affordable housing available for low- and middle-income populations in India. "As part of this initiative, National Housing ...
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- Finance
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Hidden in Low-Cost Housing: Rs 13 Lakh Crore for Developers
Even as large established developers shy away from the underserved affordable housing market in urban india, the shortage in the low-income housing segment — estimated to be around 2.1 crore households — presents a Rs 13 lakh crore opportunity for developers. Housing finance for the low-income segment, defined as those with a monthly household income between Rs 7,000 and Rs 24,000, has been categorised as ...
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MFIs Wary of Housing Loans over Default Fears
Bangalore: Concerns of defaults are holding back microfinance institutions, or MFIs, from a full-fledged expansion into home loans even as they seek to turn their clientele of poor borrowers into consumers and compete with commercial banks. MFIs, established mainly to lend small sums to the unbanked poor to help them earn a living, say there’s potentially a huge demand for home loans among their customers. At least two of seven prominent MFIs that Mint spoke to have started...
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