Advisory Center for Affordable Settlements & Housing

acash

Advisory Center for Affordable Settlements and Housing
ACASH

Document DownloadDownload
Document TypeGeneral
Publish Date25/06/2010
AuthorShoreBank International (SBI) Mongolian Mortgage Corporation (MIK)
Published ByInternational Finance Corporation (IFC)
Edited ByTabassum Rahmani
Uncategorized

MEETING THE DEMAND FOR HOUSING MICRO-FINANCE IN MONGOLIA

Download Document
Document Type:General
Publish Date:2010
Primary Author:ShoreBank International (SBI) Mongolian Mortgage Corporation (MIK)
Edited By:Tabassum Rahmani
Published By:International Finance Corporation (IFC)

The central objective of this study is to determine the demand for housing microfinance (HMF) in Mongolia. It identifies who is currently providing HMF loans and the barriers to fully meet the demand. The paper also recommends the next steps for Shore Bank International’s (SBI) partners, the International Finance Corporation (IFC) and the Mongolian Mortgage Corporation (MIK), in order to support an enabling environment for HMF in Mongolia and create access to housing finance. The study found that there is a strong demand for housing micro-finance loans in Mongolia. Many microfinance and lenders are interested in providing loans to fund these projects.

Leave a Reply

Your email address will not be published. Required fields are marked *