Kohalpur Housing 2

  • Status: Complete
  • People Housed: 645
  • Country: Nepal
  • City: Kohalpur
  • Partner: Lumanti
  • Year Approved: 2012
Total Invested
NPR 18,000,000
Total Invested
$155,414
Delivery of Homes
Total Expected
Completed
Self Build
150
150
Project Overview

This project served three informal settlements in Kohalpur municipality and is the second stage of the Kohalpur and Rajhena Housing Project. The land was initially owned by the government which agreed to guarantee security of tenure to the clients. Fully financed through revolved funds from the previous phase, housing loans were lent to the new homeowners through the Basobas Mahila Saving and Credit (Women’s) Cooperative, to finance housing construction. Additional technical assistance and community support work was also provided by Lumanti.

The new houses were constructed on a low-cost basis with an emphasis on resistance to natural hazards. The settlements chosen were prioritised by the District Committee of Squatters Federation, with the project aiming to improve the resident’s quality of life and remove the fear of forceful eviction. Once the clients had repaid their loan to the cooperative, the funds were then revolved by Lumanti to support new housing projects throughout Nepal.

150
Homes Completed
150
Homes Occupied
150
Connected to Electricity
150
Connected to Water and Sanitation

Client Data

Displayed In
Client Monthly Household Incomes

Clients estimated to sit between 41st and 50th percentiles of incomes in Kohalpur

Mean
17,500 NPR
151 USD
40th percentile at year of occupancy NPR 15,052
40th percentile at year of occupancy $130
Household Demographic Data
Household Size
4.30
Proportion Female
50.0
Proportion Children
32.0
Proportion Elderly
7.0
Proportion Disabled
0.3
Housing Information
Description Type Number Completed Unit Size (m2) Monthly Cost
(Local Currency)
Loan Length (months)
n/a Self Build 150 34 1785 84
Finance Source Interest Rate (%)

Project Finances

Displayed In

Investments — Reall to Affordable Housing Partners

Total Project Investments
NPR 18,000,000
$ 155,414
Grants
NPR 18,000,000
$ 155,414

Based on exchange rate on 31/12/2020

Funds Lent by Partners to Households
Funds Lent by Partners to Households
NPR 18,050,000
$ 155,846
Funds Repaid by Households to Partner (to date)
Funds Repaid by Households to Partner (to date)
NPR 18,050,000
$ 155,846

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Data last updated on 10/03/2021