Commitment to Action

Using Microfinance for Safe, Durable, & Affordable Housing

Commitment by

LafargeHolcim

In 2014, Lafarge committed to use microfinance to provide safe, durable, and affordable housing for the world's rapidly increasing urban population. Along with partners, Lafarge will identify beneficiaries and supply the design, project management, and finance expertise to give families access to a safe, comfortable, durable, and energy efficient house through micro-credits. Lafarge will partner with microfinance institutions to provide microloans for home improvement and construction. Borrowers will be provided access to a team of technical assistants, implemented by Lafarge, which will enable them to optimize the design and phasing of their construction project. Within a year, Lafarge hopes to complete 10,000 projects.

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Learn how LafargeHolcim is offering affordable housing solutions through microfinance.

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Overview
Summary

Commitment

Using Microfinance for Safe, Durable, & Affordable Housing

Launched

2014

Est. Duration

1 year

Estimated Total Value

$1,000,000

Region

Asia, Africa, Middle East & North Africa

Countries

BANGLADESH, CAMEROON, INDONESIA, MOROCCO, NIGERIA, PHILIPPINES, SERBIA, SRI LANKA, ZAMBIA, ZIMBABWE

Commitment by

LafargeHolcim