Thaiba Housing
- Status: Construction
- Country: Nepal
- City: Lalitpur
- Partner: Lumanti
- Year Approved: 2019
Located in Thaiba, which sits within the Kathmandu Valley, this is a self-build project which is fully financed through revolved funds from previous Lumanti projects. A local cooperative has been lent funds by Lumanti, which then finances the allocation of individual member households. Upon repaying their loan to the cooperative, the funds will be revolved again by Lumanti to support new housing projects throughout Nepal.
Thaiba received significant damage from the 2015 earthquake, which displaced 2.8 million people, causing many families to lose their homes. As part of the project the community will be trained in housing and infrastructure construction and given technical, financial and management skills, allowing each household to construct a safe, permanent house fully serviced with electricity, household water and sanitation.
| Description | Type | Number Completed | Loan Length (months) |
|---|---|---|---|
| Self Build | Self Build | 16 | 84 |
| Finance Description | Interest Rate (%) |
|---|---|
| Self Build | 10.0 |
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Data last updated on 30/06/2022