Commitment to Action

Urban Upgrading through Public Private Partnerships (UUPPP)

Commitment by

Project Concern International (PCI)

In 2014, Project Concern International (PCI), in partnership with CEMEX, committed to designing and delivering a financial product to provide lower cost loans for housing in informal urban areas in Guatemala, Mexico, and Zambia. Households in these areas often lack access to loans and face prohibitively high interest rates when financing is available, and those living in informal areas are vulnerable to a wide array of dangers. This commitment will enable communities upgrade their neighborhoods in order to meet their basic needs sustainably.

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Overview
Summary

Commitment

Urban Upgrading through Public Private Partnerships (UUPPP)

Launched

2014

Est. Duration

3 years

Estimated Total Value

$7,800,000

Region

Latin America & Caribbean, Africa

Countries

GUATEMALA, MEXICO, ZAMBIA

Commitment by

Project Concern International (PCI)

Partner(s) of the Commitment Maker(s)

Cemex Corporation, Cordaid