Project Description
Through this project IFC would undertake the following activities:
1. Conduct market assessments: Conduct specific deep-dive market assessments for the housing sector building on earlier work in Bangladesh and India, and new market assessments for other countries in the region, including Nepal and Sri Lanka.
2. Raising stakeholder awareness: Raise awareness on the commercial viability of households belonging to lower and lower-middle income segments in the region, especially within the informal sector, among key stakeholders, such as mainstream commercial institutions, state governments, investors, developers.
3. Tools for Capacity Building: Develop a housing microfinance toolkit and conduct capacity building workshops for financial institutions, non-bank financial and microfinance institutions that are interested in entering the housing finance market or scale up their existing housing finance operations in the region.
4. Pilot innovative business models: Pilot business models catering to the housing needs of lower and lower-middle income segments in two countries within the region.