Providing Financial Advisory for Slum/Shack Dwellers International

  • City: N/a
  • Client: The International Urban Poor Fund
  • Country: South Africa, India, and Kenya
  • Date: 2008

On behalf of Slum/ Shack Dwellers International (SDI), a 20-country association of national federations of slum dweller savings co-operatives, AHI assisted in designing and implementing its Urban Poor Fund International (UPFI). This fund, a $5,000,000 revolving facility, will be entirely self-managed by SDI and its members; proceeds will be used to improve housing for the urban poor by the mechanism of metropolitan savings co-operatives and their national federations working with governments (especially municipal) on legislative change, pilot programs, pilot projects, and extending the SDI network.

By 2010, the UPFI successfully funded the building over 4,000 homes, secured tenure for over 30,000 people, and used USD6.3 million for over 100 projects in 16 countries. Further, the UPFI successfully convinced private donors in the United States and Scandinavian countries to join a basket fund to support SDI's work.

Read more about the UPFI here: http://www.sdinet.org/upfi/