Habitat’s MicroBuild Fund is the first housing-focused microfinance investment vehicle dedicated to helping low-income families. The fund lends to microfinance institutions, which in turn provide small loans to families to build safe, decent and durable homes as their finances allow. The fund has grown rapidly and has provided access to better housing for more than 643,000 people as of September 30, 2018.
As of September 30, 2018, MicroBuild has approved US$124.6 million across 54 institutions in 30 countries, of which US$110.5 million has been disbursed to 50 institutions in 30 countries. Further, investee institutions have provided an additional US$376 million in housing microfinance, representing a leverage multiplier of 3.71 times the invested capital from MicroBuild.
