Shelter is a basic human need for which financial means are required. Poorer sections of society face difficulties in accessing and coping with conventional mortgage finance and are better assisted with housing microfinance. This enables the poor, especially in 'developing' countries to build their shelter in an incremental way. To meet this demand, providers of housing microfinance have many possibilities for expanding their business. Innovations, for example, are found in business linkages of microfinance institutions and building material suppliers, and community-based financial systems. However, there are also bottlenecks concerning microfinance lenders, the financial sector, capital market, and shelter sector. © 2012 Copyright © 2012 Elsevier Ltd All rights reserved..
|Title of host publication||International Encyclopedia of Housing and Home|
|Editors||S.J. Smith, M. Elsinga, L.H. O’Mahony, S.E. Ong, S. Wachter, G. Wood|
|Place of Publication||Oxford|
|Number of pages||6|
|Publication status||Published - 2012|