The Federal Government of Nigeria has received financing from the WB towards the cost of the Nigeria Hosing Finance Program (NHFP), which includes a Housing Microfinance (HMF) component.
The objective of the HMF component is to support selected microfinance banks (MFBs) with developing and piloting new and/or strengthening emerging or existing formal HMF products in a sustainable fashion. The project also includes a line of credit for rolling out tested products.
The consulting services include providing necessary technical assistance and delivering on specific capacity building measures to a total of eight pre-selected MFBs in Nigeria to facilitate the launch / expansion of their HMF lending operations and to enable then to subsequently access funds from the housing microfinance credit line under the NHFP to roll out tested products and services.