Developing and Launching a Business Plan for SEWA Grih Rin, India

  • City: Ahmedabad, Gujarat, and New Delhi
  • Client: SEWA Grih Rin
  • Country: India
  • Date: 2007

AHI is working with SEWA Bank and the Mahila Housing SEWA Trust (MHT) to create SEWA Grih Rin, a housing finance company dedicated exclusively to developing and delivering affordable financial products for low-income, informally employed women and their families across urban India. Financial exclusion from formal mortgage markets and the high costs of borrowing from informal money lenders has driven many urban poor residents to under invest in their housing and live in sub-standard housing. SEWA Grih Rin provides an affordable alternative to housing finance, helping households finance incremental home improvements, even in areas of weak land title. As SEWA's business and financial advisor, we completed a detailed business plan for SEWA Grih Rin which includes financial projections, loan product design and community-based delivery methods. We provide on-going support to SEWA to assist them with obtaining regulatory approvals to reach an initial capitalization level.