The former affiliate, now satellite center, in Anuradhapura pioneered Habitat’s housing microfinance scheme, Save & Build, in 2000. This sees groups of about 12 families saving toward the cost of one house. When that amount is reached, Habitat matches their efforts with a loan to build two more houses, thus allowing three houses to be built. The cycle repeats until each group member has a house. Loan repayments are recycled into a fund to help other savings groups.
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| - Habitat for Humanity Sri Lanka
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| - The former affiliate, now satellite center, in Anuradhapura pioneered Habitat’s housing microfinance scheme, Save & Build, in 2000. This sees groups of about 12 families saving toward the cost of one house. When that amount is reached, Habitat matches their efforts with a loan to build two more houses, thus allowing three houses to be built. The cycle repeats until each group member has a house. Loan repayments are recycled into a fund to help other savings groups.
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abstract
| - The former affiliate, now satellite center, in Anuradhapura pioneered Habitat’s housing microfinance scheme, Save & Build, in 2000. This sees groups of about 12 families saving toward the cost of one house. When that amount is reached, Habitat matches their efforts with a loan to build two more houses, thus allowing three houses to be built. The cycle repeats until each group member has a house. Loan repayments are recycled into a fund to help other savings groups. In line with the seventh Millennium Development Goal on ensuring environmental sustainability, the Habitat Resource Center in eastern Batticaloa is building houses with environmentally-friendly and energy-saving features. Concepts of home gardens, solar cookers, garbage compost bins and wind pump systems are also introduced to home partners.
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