Operational guidelines for sustainable housing micro‐finance in India
International Journal of Housing Markets and Analysis
ISSN: 1753-8270
Article publication date: 21 November 2008
Abstract
Purpose
Housing micro‐finance is emerging globally as an important financial activity to help alleviate the housing needs of economically vulnerable people. Micro‐finance institutions (MFIs) planning to include housing product must carefully assess whether they have the management and technical capacity to do so. The purpose of this paper is to give practical guidance to MFIs in adopting the housing programme, in addition to their existing line of micro‐finance services.
Design/methodology/approach
The paper gives practical guidance to MFIs adopting the housing programme in addition to the existing line of micro‐finance services and inputs about any market study, profiling the customers, product design, pricing of the product, affordability of the clients, income assessment, loan assessment, operational procedures, risk coping mechanisms and technical backup guidance.
Findings
The paper finds that MFIs should also ensure that housing micro‐finance suits their strategy from institutional and financial perspectives.
Originality/value
This paper provides valuable practical guidance to MFIs.
Keywords
Citation
Anand Kumar, T.S., Praseeda Sanu, V. and Newport, J.K. (2008), "Operational guidelines for sustainable housing micro‐finance in India", International Journal of Housing Markets and Analysis, Vol. 1 No. 4, pp. 303-312. https://doi.org/10.1108/17538270810908614
Publisher
:Emerald Group Publishing Limited
Copyright © 2008, Emerald Group Publishing Limited