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2017 MicroBuild Fund annual report (PDF).

2018 MicroBuild Fund annual report (PDF).

2019 MicroBuild Fund annual report (PDF).

2020 MicroBuild Fund annual report (PDF).

2021 MicroBuild Fund annual report (PDF).

Leading microfinance and impact fund managers including for MicroBuild have signed a memorandum of understanding for debt refinancing coordination principles to support the sector during the COVID-19 pandemic. Habitat’s network of worldwide regional offices and national organizations support MicroBuild by providing technical assistance through Habitat’s Terwilliger Center for Innovation in Shelter to eligible microfinance institutions that receive capital from MicroBuild. Habitat has committed at least $10 million in technical assistance to MicroBuild. Triple Jump, a social investment fund manager partially owned by Oxfam Netherlands, serves as the fund manager that handles due diligence and manages the transactions with investees.

Triple Jump, Omidyar Network and MetLife Foundation serve as partners and co-owners of the fund. MicroBuild is its own limited liability company, controlled by Habitat for Humanity International. MicroBuild has helped microfinance institutions pilot new housing microfinance products and has fostered capital investment and specialized technical assistance through the Terwilliger Center to help design or enhance these products. The MicroBuild Fund is a $100 million fund that supplies debt capital and technical expertise to help microfinance institutions increase the availability of housing loan products for their low-income customers. Further, investee institutions have provided an additional US$376 million in housing microfinance, representing a leverage multiplier of 3.71 times the invested capital from MicroBuild.

The fund has grown rapidly and has provided access to better housing for more than 643,000 people as of September 30, 2018.Īs of September 30, 2018, MicroBuild has approved US$124.6 million across 54 institutions in 30 countries, of which US$110.5 million has been disbursed to 50 institutions in 30 countries. The fund lends to microfinance institutions, which in turn provide small loans to families to build safe, decent and durable homes as their finances allow. Habitat’s MicroBuild Fund is the first housing-focused microfinance investment vehicle dedicated to helping low-income families. Through these initiatives, we work to catalyze the flow of investment capital to the affordable housing market to further expand access to improved housing for low-income people. The Terwilliger Center mobilizes the flow of capital to the housing sector allowing financial institutions and other housing market actors to provide the products and services needed by low-income households to build and expand their shelters.Įfforts in this area include establishing the first impact investing fund dedicated exclusively to enabling housing microfinance, the MicroBuild Fund, and launching the Shelter Venture Lab Fund, which facilitates early investment in innovate solutions for core housing elements.