Suklagandaki

  • Status: Construction
  • People Housed: 98
  • Country: Nepal
  • City: Suklagandaki
  • Partner: Lumanti
  • Year Approved: 2018
Delivery of Homes
Total Expected
Completed
Self Build
100
31
Project Overview

This project is located in Suklagandaki, in the Tanahu District of Nepal. Serving low-income residents that are unable to access housing finance, Lumanti provided a 50% guarantee to Kamana Sewa Bikash Bank for loans to project clients. In this way, Lumanti have been able to leverage private finance and encourage banks to lend to income groups that they previously considered too risky.

The clients are able to use their loans to construct detached, single-storey buildings in existing settlements. These units can be incrementally extended in the future and are being constructed with a focus on low cost materials and technology. Lumanti has also provided a team of community architects to assist the clients in designing their housing according to their needs. This project was designed to encourage continued long-term entry of formal finance institutions into informal settlement upgradation.

31
Homes Completed
14
Homes Occupied
26
Connected to Electricity
31
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 Suklagandaki

Mean
16,500 NPR
142 USD
40th percentile at year of occupancy NPR 29,337
40th percentile at year of occupancy $253
Household Demographic Data
Household Size
7.00
Proportion Female
42.9
Proportion Children
42.9
Proportion Elderly
28.6
Housing Information
Description Type Number Completed Unit Size (m2) Monthly Cost
(Local Currency)
Loan Length (months)
n/a Self Build 31 34 3333 60
Finance Source Interest Rate (%)

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Data last updated on 10/03/2021