Navigation: Global Nepal Patan – Thecho Mahila Jagaran SACCOS

Patan – Thecho Mahila Jagaran SACCOS

  • Status: Complete
  • People Housed: 60
  • Country: Nepal
  • City: Kathmandu
  • Partner: Lumanti
  • Year Approved: 2018
Delivery of Homes
Total Expected
Completed
Self Build
10
10
Project Overview

This project is situated in the city of Patan, otherwise known as 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 often caused multiple threats to their health and security, as well as a lack of access to basic services such as water. Patan 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.

10
Homes Completed
10
Homes Occupied
10
Connected to Electricity
10
Connected to Water and Sanitation

Client Data

Displayed In
Client Monthly Household Incomes

Clients estimated to sit between 1st and 10th percentiles of incomes in Kathmandu

Mean
21,000 NPR
181 USD
40th percentile at year of occupancy NPR 61,585
40th percentile at year of occupancy $532
Household Demographic Data
Household Size
6.00
Proportion Female
56.0
Proportion Children
21.0
Proportion Elderly
10.0
Proportion Disabled
2.0
Housing Information
Description Type Number Completed Unit Size (m2) Monthly Cost
(Local Currency)
Loan Length (months)
n/a Self Build 10 34 12500 24
Finance Source Interest Rate (%)

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Data last updated on 10/03/2021