Innovative Financial Models for Affordable Housing SegmentTctd@1232021-10-26T12:36:53+00:00
Innovative Financial Models for Affordable Housing Segment
PI: Prof. Shishir K. Jha, Shailesh J. Mehta School Of Management
Co-PI: Prof. Arti Karlo, Shailesh J. Mehta School of Management
The financial infrastructure for low-income groups is weak or almost absent in most parts of India. Even though several firms and non-profit organisations are providing both process and product oriented innovations for the Bottom-of-the-Pyramid (BOP) segment, its final use by the consumer remains a major challenge. In other words, the BOP consumers experience a clearly felt gap, between their desire to embrace new innovations and their inability to make a purchase given their financial conditions. This project intends to propose and thoroughly discuss a framework that can be used by various organisations to provide the intended beneficiaries (typically the low-income BOP segment) with access to a low cost, stable and an enduring micro-financial structure, particularly in the housing and energy sector.