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Insitor, Oikocredit lead seed round in Kolkata-based Aashiyaan Housing Finance
Journalist Swaminathan Aiyar, Columbia University professor Neeraj Kaushal and others also participated in this round, said Aashiyaan. Boutique investment bank Unitus Capital was the financial advisor to Aashiyaan for this transaction.
- Categories
- Investing
- Region
- South Asia
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When Student Could Not Find His Calling, He Used Architecture to Build Some Stability for Refugees
Upon further research, Scott learned that between 15-20 million of them still live in tents, essentially camping in terrible conditions for 12 to 17 years on average. Between that, and the general lack of innovation as it relates to shelters, Scott quickly realized he’d found his calling.
- Categories
- Uncategorized
- Tags
- global development, housing, refugees, SDGs
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Press release: Three leading development finance institutions sign loan agreement to support capital markets and high impact sectors in Africa
Overseas Private Investment Corporation (OPIC), the African Development Bank (AfDB) and ALCB Fund Board Members today signed a loan agreement to support high impact sectors in Africa focusing on housing, agriculture and SMEs.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press release: Building the Business Case for Housing Microfinance in Sub-Saharan Africa
A new study from Habitat for Humanity (www.Habitat.org) says that housing microfinance can and should become a mainstream offering for financial institutions in Sub-Saharan Africa as they respond to growing housing needs in the region, particularly from poor people.
- Source
- Press release
- Region
- Sub-Saharan Africa
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This House Can Be 3D-Printed For $4,000
New Story, a company that builds housing in the developing world, has a new invention: a massive 3D printer that will soon be able to extrude an entire four-room house in less than a day.
- Categories
- Technology
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Press release: Community Housing Capital Announces $15 Million Impact Credit Facility with Calvert Impact Capital
“We have had a long-term, successful relationship with Community Housing Capital and this investment continues our support of its mission to create and preserve affordable housing,” said Lucas Pappas, Director of Investments for Calvert Impact Capital. “We are excited to bring new qualified investors into the impact investing space and connect them more directly with strong mission-driven organizations like Community Housing Capital.”
- Categories
- Investing
- Region
- North America
- Tags
- housing, impact investing
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Egyptian Millennial Entrepreneur Builds Sustainable Housing In The Desert
In 2016, the Egyptian housing ministry estimated that a staggering 500,000 new homes need to be built every year for five years to keep pace with the population growth. Despite these efforts, many Egyptians cannot afford these homes. As a result, they live outside urban city centers in informal settlements with poor access to adequate housing, education or healthcare services.
- Categories
- Uncategorized
- Region
- North Africa & Near East
- Tags
- housing, infrastructure
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How Impact Investing is Advancing Affordable Housing
For millions of people, especially for the 13.2 million who have worked with the organization to build new or updated homes, Habitat for Humanity is a household name. But many don't realize that the international charity that put “sweat equity” on the map is also pioneering a different approach: A pair of funds that invest in businesses that advance affordable housing via financial products and services. Jyoti Patel, global director-capital markets at Habitat’s Terwilliger Center for Innovation in Shelter, discusses the funds and their wide-ranging impact.
- Categories
- Investing