-
Ghana Municipal
Finance and Management Initiative (MFMI) - an
innovative mechanism of the Government of Ghana
which aims to empower municipalities to attract
funds from the capital market for long-term
financing of infrastructure and other services.
-
Getting to Scale in Housing Microfinance: A Study of
ACCION Partners in Latin America
English
(108 KB PDF)
Español
(113 KB PDF)
A vast unmet demand
exists for housing finance for low-income
populations in the developing world. Though
solutions have yet to reach significant scale,
either from governmental or the private sector, the
microfinance industry has recently made great
strides in this area. Housing microfinance has shown
signs of potential to reach scale.
Seeking to better
understand the potential for scale in housing
microfinance, ACCION International and Habitat for
Humanity International joined efforts to conduct a
study in conjunction with Cities Alliance financial
support. This study covered ten of ACCION’s partners
in Latin America, representing more than 90 percent
of the ACCION Network’s housing portfolio. The
objective of this research was to understand the key
success factors as well as challenges and barriers
for reaching scale in housing.
-
A Comparison of Housing Finance Programs for Low
Income People in Peru
Until recently, access
to housing-related finance has remained extremely
limited in the developing world for low income
people. Commercial banks, unable to access secondary
mortgage markets, typically extend mortgages or
other types of housing loans only to middle or upper
income clients. Some governments have initiated
large-scale housing subsidy programs targeting the
poor; however, these initiatives have often fallen
far short of their objectives. In some countries
housing finance offered by microfinance
institutions, a private solution, shows promise of
reaching more people sustainably.
This paper addresses
the attempts of one country, Peru, and the various
actors in the housing finance arena there, to
improve access to housing finance at the bottom of
the pyramid. It focuses on a comparison of three
approaches to low income housing finance: the
Mivivienda and Techo Proprio programs of the
Government of Peru and the Micasa loan product of
microfinance institution Mibanco.
-
Obtaining a Municipal Credit Rating. An
introduction to the principle of municipal credit
ratings and how they can benefit local authorities,
with case studies of good practice. Produced by the
Commonwealth Local Government Forum (CLGF) in
partnership with the Development Bank of Southern
Africa (DBSA). Published by Publications UK for CLGF,
November 2006.
-
Financing City Infrastructure. Villes en
développement, no. 69, September 2005:
English
(433 KB PDF)
Français
(601 KB PDF)
-
Municipal Finance
Task Force (MFTF) Website
-
Financer les investissements des villes des pays en
développement. Agence Française de Développement
(AFD).
-
Community-Led Infrastructure Financing Facility
(CLIFF) by
Homeless International published in the June
2005 newsletter of the
International Association of Development Funds
(IADF)
-
Linking Cities
With Domestic Capital. Presentation given at
Cities Alliance Consultative Group Meeting,
Durban, November 2004. Krishnaswamy Rajivan, Cities
Alliance.
-
National Enabling
Framework for Municipal Finance. Presentation
given at IADF's Second Conference on Financing
Municipalities and Sub-National Governments Conference,
Washington, DC, October 2004. Brad
Johnson, Resource Mobilization Advisors.
-
Effective
Catalysts for Private Investment in Municipal
Finance. Presentation given at IADF's Second
Conference on Financing Municipalities and
Sub-National Governments Conference, Washington,
DC, October 2004. John Wasielewski, USAID.
-
Policies of
Bilateral and Other donor Institutions in
financing Local Government Infrastructure.
Presentation given at IADF's Second Conference
on Financing Municipalities and Sub-National
Governments Conference, Washington, DC, October
2004. Mihaly Kopanyi, World Bank.
-
Promoting Private
Finance for Local Government Infrastructure.
Presentation given at IADF Conference, Washington,
DC, October 2004. Ranjit Lamech, World Bank.
-
Municipal Fund -
Global Finance for Local Needs. Presentation
given at IADF's Second Conference on Financing
Municipalities and Sub-National Governments Conference,
Washington, DC, October 2004. Sumeet Thakur,
IFC.
-
Local
Governments: Facilitating Framework and Enabling
Policies for Accessing Debt Finance.
Presentation given at IADF's Second Conference on
Financing Municipalities and Sub-National
Governments Conference, Washington, DC, October
2004. Elio Codato, World Bank.
-
City of Johannesburg Municipal Bond Issue.
Presentation given at IADF's Second Conference on
Financing Municipalities and Sub-National
Governments Conference, Washington, DC, October
2004. Roland Hunter, City of Johannesburg.
-
FUNHAVI’s Housing Microfinance Program in Mexico
(37 pages, 848 KB PDF)
-
Micasa: Financing the Progressive Construction
of Low-Income Families’ Homes in Peru
(50 pages, 2.67
MB PDF).
-
SEWA bank’s housing microfinance program in
India (41 pages, 573 KB PDF)
-
The enabling environment for housing
microfinance in Kenya
(47 pages, 820 KB PDF)
-
Mibanco's MICASA
Housing Loan for the Poor. For more information
on Mibanco and Micasa:
-
CIVIS
Issue 4: Shelter Finance for the Poor Series
