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Housing Solidarity Financing in Chile

Authors

  • Mauricio Rojas Mujica Fundación Microempresas y Desarrollo
Vol. 22 No. 61 (2007): Solidarity-Based Financing for the Acquisition of Dwellings
https://doi.org/10.5354/0718-8358.2007.62121

Abstract

The Solidarity development Program from the Banco del Desarrollo aims at providing financial and training support to low income women in Chile. This is done through a solidarity credit with no other guarantee than trust, responsibility and solidarity. The program Works with groups formed by at least 8 women who do not have access to the traditional bank system because they cannot demonstrate they have a stable income. The financial support is done through solidarity credits. The training consists in working with the women before credit is granted and then there are periodical checks done until the credit is re paid. Up to now more than 10.000 women have taken part in the program. More than 6.000 women have used these loans to improve their life quality and more than 2 million dollars have been used.

Author Biography

Mauricio Rojas Mujica, Fundación Microempresas y Desarrollo

Chileno, Ingeniero Civil Industrial, Universidad de Chile. Diplomado en: "Desarrollo Organizacional", U. de Barcelona y "Superación de la Pobreza en América Latina", U. de Chile. Director de: Fundación Microempresas y Desarrollo; Fundación Trabajo para un Hermano; Sociedad Educacional Pedro Apóstol; CiPyme; Corporación Educacional Tricahue y Corporación Movimiento Marianista.

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How to Cite
Rojas Mujica, M. (2007). Housing Solidarity Financing in Chile. Revista INVI, 22(61). https://doi.org/10.5354/0718-8358.2007.62121
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Revista INVI
Facultad de Arquitectura y Urbanismo
Universidad de Chile
DATOS DE INVESTIGACIÓN
Dirección de Servicios de Información y Bibliotecas (SISIB)