Affordable housing for Mozambique’s informal economy
Impact Alpha Podcasts
English - July 06, 2023 20:57 - 16 minutes - 15.3 MB - ★★★★★ - 33 ratingsInvesting Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Connecting Indian farmers to global markets
David Bank chats with Empowa’s Glen Jordan in the next conversation from the recent “Connecting Capital to Communities” gathering at the Salzburg Global Seminar, sponsored by the Robert Wood Johnson Foundation. Host Brian Walsh has the headlines.
“When there's no formality, there's no identification. Income is informal. The mortgage product just doesn't work,” says Glen Jordan of Empowa, a Netherlands-based social enterprise. “So we have to turn it around and create products that meet the needs of the informal market. And create structures that enable the capital to flow to those structures in a way that's cost-effective.”
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