Located in Kathmandu, this project was fully financed by funds revolved from previous Lumanti projects. A self-build housing programme it focused on reconstruction for survivors of the 2015 earthquake which displaced nearly 2.8 million people. The new homes were therefore able to provide much needed services to many, including water, sanitation and energy.
The project targeted members of the Prerana Mahila (Women’s) Cooperative. The cooperative was lent funds by Lumanti, which financed the allocation of individual loans to member households. Each household was able to use their loan to construct a safe, permanent house fully serviced with electricity and household water, or to upgrade their existing home. The new houses were constructed on a low-cost basis with a focus on resistance to natural hazards. For this reason, disaster-resistant interlocking blocks were used in construction, and guidance was given on appropriate settlement planning. Lumanti also provided training, and advice with regards to accessing government funded post-earthquake reconstruction grants.
Clients estimated to sit between 1st and 10th percentiles of incomes in Kathmandu
|Description||Type||Number Expected||Number Completed||Unit Size (m2)||Monthly Cost |
|Loan Length (months)|
|Home upgrading loans||Loan||4||4||34||3333||60|
|Finance Description||Finance Source||Interest Rate (%)|
|n/a||Prerana Mahila Cooperative||8.0|
|Home upgrading loans||Prerana Mahila Cooperative||8.0|
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Data last updated on 10/03/2021