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Development of Housing Microfinance Market in Tanzania

Sector: Residential • Location: Tanzania

Source: International Finance Corporation (IFC)

Project
Active

The project aims to improve housing conditions for low-income Tanzanian residents through the creation and introduction of a Housing Microfinance product tailored to the Tanzanian context. The product will enable low-income Tanzanian households to access funds to carry out home improvements in a cost-effective manner, primarily by performing much of the work themselves. To help borrowers take adva

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The project “Development of Housing Microfinance Market in Tanzania” is an infrastructure initiative in the Residential sector, located in Tanzania. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Description

Description

The project aims to improve housing conditions for low-income Tanzanian residents through the creation and introduction of a Housing Microfinance product tailored to the Tanzanian context. The product will enable low-income Tanzanian households to access funds to carry out home improvements in a cost-effective manner, primarily by performing much of the work themselves. To help borrowers take advantage of these loans, lenders will provide Construction Technical Assistance (CTA) to minimize the risks associated with self-improvement home projects. The project will develop a set of CTA tools and provide support to local financial institutions in introducing the product.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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