Located in Kathmandu, this project was fully financed by funds revolved through income from previous Lumanti projects. This is a self-build housing project focusing on reconstruction for survivors of the 2015 earthquake where nearly 2.8 million people were displaced. Homes will therefore provide much needed services to many, including water sanitation and energy.
The project targets members of the Thankot Mahila Jagaran Women’s Cooperative. The cooperative is provided funds by Lumanti who on-lend this to members to finance housing construction. Lumanti also provide additional support in terms of technical assistance for construction 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)|
|Cooperative loans for self-build housing||Self Build||50||50||34||2800||60|
|Cooperative loans to upgrade/repair existing housing||Loan||40||40||34||2800||60|
|Finance Description||Finance Source||Interest Rate (%)|
|Cooperative loans for self-build housing||Thankot Mahila Cooperative||8.0|
|Cooperative loans to upgrade/repair existing housing||Thankot Mahila Cooperative||8.0|
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Data last updated on 10/03/2021