Habitat for Humanity Cambodia prepares for the creation of new partnerships with MFIs in order to expand its reach in housing micro-finance.
July 26 to 31, HFH Cambodia and HFH Asia Pacific met with different Micro Finance Institutions (MFIs) including, Thorneakea Phum (TPC), Angkor Microheranhvatho Kampuchea (AMK) and Cambodia Business Integrated in Rural Development (CBIRD). The series of meetings set the venue for exploring collaborations in providing housing support services to MFI clientele.
During this five-day meeting, HFH Cambodia and MFIs discussed the mechanisms involved in the implementation of Institutional Technical Assistance (ITA), Housing Support Service (HSS), and Construction Technical Assistance (CTA) with the aim of piloting the service in one Habitat project site in Battambang.
The project aims to implement housing micro-finance in the Social Land Concession area in Battambang. The meeting was supplemented by field visits to MFI target areas within Kandal Province.
Looking ahead, HFH Cambodia is hopeful that MOUs and Loan Agreements will be signed alongside partner MFIs to move the project implementation forward and serve more low income families in Cambodia through housing micro finance.