MicroBuild India works with Indian financial intermediaries serving low-income
populations to offer
wholesale debt financing, filling a critical funding gap, and ensures that products and services meet
housing quality standards.
MicroBuild India aims to be a driver of social impact by being the most competitive
wholesale lender for
India’s microfinance institutions, so they can provide financial assistance to low-income families for
home improvements and repairs.
MicroBuild India is an initiative of Habitat for Humanity International, a global
organization that has served more than 29 million people by building or improving homes, Mumbai-
based financial services company AKK Financial Advisory Services Private Limited and Mr.
Radhakishan Damani, an Indian investor and founder of Mumbai based hypermarket chain DMart.
Habitat for Humanity International has almost 75 per cent equity stake in MicroBuild
MicroBuild India is part of the global MicroBuild Fund, an initiative by Habitat for
that invests in shelter-related microfinance products provided through local financial institutions.
The MicroBuild India Housing Finance Company Pvt. Ltd. was incorporated on 19 November
received its Certificate of Registration as a Housing Finance Company (HFC) from India’s National
Housing Bank on 22 June, 2012.
The vision of MicroBuild India is to catalyze innovative, scalable financial solutions to
the poverty housing situation in India. This vision is drawn from Habitat for Humanity’s strategic plan
to mobilize people, finance and social capital to promote worldwide access to decent, safe, affordable
housing. This vision will be achieved by stimulating the retail financial market to develop innovative
housing finance solutions, through a combination of wholesale finance loans and technical assistance to
financial institutions in India wanting to offer retail housing loan products for home improvements and
Objectives and business model
MicroBuild India’s operational objectives are to reduce poverty housing, and improve
health and living environments for low-income families across India, by providing:
- A facility where microfinance institutions (MFIs), HFCs, banks and other financial institutions
in India can access wholesale debt financing, in order to develop and offer innovative retail
housing loans to families currently living in substandard homes. Attractive wholesale pricing
will incentivize financial institutions to engage in the field of housing microfinance.
- Technical assistance through Habitat for Humanity’s Technical Assistance Center (TAC), and other
parts of the organization, will ensure the quality of the product and that it meets the
requirements of the intermediary financial institution, and the needs of the family end user
building a new house or undertaking home improvements or repairs.
Institutional investors keen to partner with MicroBuild India can contact us here