Navigation: Global Nepal Lalitpur – Thecho Mahila SACCOS

Lalitpur – Thecho Mahila SACCOS

  • Status: Complete
  • People Housed: 29
  • Country: Nepal
  • City: Lalitpur
  • Partner: Lumanti
  • Year Approved: 2019
Delivery of Homes
Total Expected
Completed
Self Build
7
7
Project Overview

This project is situated in Lalitpur, which is located in the south-central part of Kathmandu Valley. It 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. Lumanti lent funds to the Thecho Mahila Jagaran (Women’s) Cooperative, which in turn allocated individual loans to member households. The clients were required to repay their loan, using an agreed repayment schedule, with the funds revolved again by Lumanti to support other housing improvement projects throughout Nepal.

The new homeowners previously lived in housing which caused multiple threats to their health and security and often lacked access to basic services such as water. Lalitpur also received significant damage from the 2015 earthquake, which displaced nearly 2.8 million people, causing many families to lose their homes. As part of the project the community was trained in housing and infrastructure construction, and given technical, financial and management skills. This allowed each household to construct a safe, permanent house fully serviced with electricity, household water and sanitation.

7
Homes Completed
7
Homes Occupied
7
Connected to Electricity
7
Connected to Water and Sanitation

Client Data

Household Demographic Data
Household Size
4.14
Proportion Female
58.6
Proportion Children
27.6
Proportion Elderly
3.4
Housing Information
Description Type Number Expected Number Completed Unit Size (m2) Monthly Cost
(Local Currency)
Loan Length (months)
Self Build Loans Self Build 7 7 34 4762 84
Finance Description Finance Source Interest Rate (%)
Self Build Loans Thecho Mahila Jagaran SACCOS 8.0

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Data last updated on 10/03/2021