Housing Microfinance: Is the Glass Half Empty or Half Full?

Donors, governments, microfinance networks, and foundations have promoted housing microfinance (“HMF”) for a decade. Considerable operational experience has accrued on this practice over this time. Meanwhile, many emerging economies have grown rapidly, which has changed housing markets and the context for HMF. The moment, then, is auspicious for a re-examination of housing microfinance and its record.