Navigation: Global Nepal Biratnagar – Sambridi Mahila SACCOS 2

Biratnagar – Sambridi Mahila SACCOS 2

  • Status: Complete
  • People Housed: 283
  • Country: Nepal
  • City: Biratnagar
  • Partner: Lumanti
  • Year Approved: 2019
Delivery of Homes
Total Expected
Completed
Self Build
50
50
Project Overview

Located in the city of Biratnagar, this project was fully financed by revolved funds from previous Lumanti projects, which is a great example of how housing finance can be used cyclically to have greater impact. As the second phase of Biratnagar Housing this project built on the initial success of phase one. The Sambridi Women’s Cooperative was lent funds by Lumanti, which financed the allocation of individual housing loans to member households. Additional technical assistance for construction and community support work was also provided.
The clients previously lived in housing which caused multiple threats to their health and security and often lacked access to basic services such as water. Each household was able to use their loan to construct a safe, permanent house fully serviced with electricity, household water and sanitation. Upon repaying their loan to the cooperative, the funds were then revolved again by Lumanti to support new housing projects throughout Nepal.

50
Homes Completed
50
Homes Occupied
50
Connected to Electricity
50
Connected to Water and Sanitation

Client Data

Household Demographic Data
Household Size
5.66
Proportion Female
47.0
Proportion Children
31.8
Proportion Elderly
2.5
Proportion Disabled
0.4
Housing Information
Description Type Number Completed Unit Size (m2) Monthly Cost
(Local Currency)
Loan Length (months)
n/a Self Build 50 34 4762 84
Finance Source Interest Rate (%)

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Data last updated on 10/03/2021