MicroBuild fund

MicroBuild fund

The MicroBuild Fund supplies debt capital specifically for housing solutions ...

Investment Fund Manager | Americas | Access to Financial Services

 

Overview

MicroBuild Fund was established jointly by Habitat for Humanity International (HFHI) and Triple Jump in 2012. The MicroBuild Fund supplies debt capital specifically for housing solutions that financial intermediaries offer to their low-income end-clients. A unique feature of the fund is that HFHI is funding and rolling out a complementary technical assistance programme to help these financial intermediaries develop and improve their housing products, and ultimately, serve end-clients better. The main shareholders in the fund are HFHI and the Omidyar Network, a US-based private social investor. The Overseas Private Investment Corporation (OPIC) invests USD 45 million of debt capital in the fund. The first loans were disbursed in September 2012.

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Last Update: Dec 17, 2014 12:00 a.m.

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