1. Housing Microfinance Katarzyna Pawlak, Microfinance Centre 3rd European Housing Forum Panel :: Housing Affordability :: 19 November 2015 :: Berlin :: Germany

2. Microfinance Centre Grassroots network set up in 1997 Members: + 100 microfinance institutions in Europe and Central Asia Activities: networking, advocacy, training& consulting, research Topics: responsible finance, financial education, financial inclusion, financial innovation Strategic partnership w/Habitat since 2011

3. EKI, Bosnia & Herzegovina Opportunity International, Romania + 1M microentrepreneurs in Europe and Central Asia MLF Hamyori,Tajikistan MonteCredit, Montenegro

4. Housing Microfinance Source: Microfinance In ECA. In the Eve of Crisis, Microfinance Centre, 2009 60% MFIs finance housing needs

5. Challenges to finance housing needs Source: Microfinance In ECA. In the Eve of Crisis, Microfinance Centre, 2009

6. Needs of institutions Source: Microfinance In ECA. In the Eve of Crisis, Microfinance Centre, 2009

7. Solution CapitalTechnical Assistance/ Knowledge Housing Impact *

8. MicroBuild Fund -8- Existing housing microfinance portfolio Loan size: US$500,000 to US$5 million Tenor: Three years or longer. Investment process accompanied by customized technical assistance

9. Technical Assistance 2 target groups: MFIs without housing finance portfolio MicroBuild Fund investees HSS & financial education Staff training

10. Affordability Bosnia and Herzegovina MortgageMicroloan Rate Term Amount 11% 9y 15000 KM 22% 3 x 3y 5000 KM Interest (total) Monthly installment 8248 KM 215 KM 5623 KM 190 KM 9 year period

11. Results -11- 18 MFI partnerships in CEE & CA USD 75,2M oustanding housing portfolio Over 200M USD disbursed 500,000 M people with improved housing 125,600 housing loans disbursed 72,612 oustanding housing loans (90% from 5 MFIs) Avg. loan USD 1-2K (1-2 years maturity)

12. Thank You! www.mfc.org.pl microfinance@mfc.org.pl www.mfc.org.pl