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Global Funding Partners

The United Nations Human Settlements Programme, otherwise known as UN-HABITAT, is the United Nations agency responsible for human settlements. UN-HABITAT is mandated to promote socially and environmentally sustainable towns and cities, with the goal of providing adequate shelter for all.

UN-HABITAT is focused on supporting governments in the formulation of policies and strategies to both create and strengthen a self-reliant management capacity at both national and local levels. Technical and managerial expertise is provided for:

  • The assessment of human settlement development constraints and opportunities
  • The identification and analysis of policy options
  • The design and implementation of housing and urban development projects
  • The mobilization of national resources
  • External support for improving human settlement conditions

    

Local Funding Partners

UN-Habitat & the Sri Lankan Government signed a Memorandum of understanding (MOU) in June 2006 to initiate a Slum upgrading pilot programme in Sri Lanka, utilizing the Slum Upgrading Facility of the UN-Habitat. The Ministry of Urban Development & water supply signed the agreement on behalf of the Government.

Presently the Government of Sri Lanka is represented by the Ministry of Defence and Urban Development, The Ministry of Finance and Planning and The Ministry of Local Government and Provincial Councils at the Board meetings.

    

Network Partners

The Banking with the Poor Network (BWTP Network) is Asia’s microfinance network that works towards building efficient, large-scale sustainable organisations, through co-operation, training and capacity building with the aim of achieving innovative, appropriate and demand-driven financial services for the poor. The Network is an association of a diverse range of microfinance stakeholders committed to improving the quality of life of the poor through promoting and facilitating their access to sustainable financial services. The BWTP Network is an initiative of the Foundation for Development Cooperation (FDC) and its Secretariat is based in Brisbane.

    

An Association established in Sri Lanka to create a dynamic and sustainable microfinance network for an inclusive financial system in Sri Lanka.

LFSUS works through the Organization in identifying suitable partners to carry forward the housing initiatives on a well distributed Regional Basis to ensure an equitable distribution of resources to serve the Country better.

    

UN-Habitat is the United Nations programme working towards a better urban future. Its mission is to promote socially and environmentally sustainable human settlements development and the achievement of adequate shelter for all.

    

NDB Bank operated as the fund manager of LFSUS from its inception & they act as a financier to the MFIs. The initial projects funded by the Bank were with South Asia Partnership Sri Lanka (SAPSRI) to upgrade 31 houses with a project cost of LKR.6 Mn in Kirulaponne and Lanka Women’s Development Services Co-operative Society (Women’s Bank) Ltd which assisted in the upgrading of 175 houses in the Colombo District at a cost of LKR.11.2 Mn and thereafter assisted in the construction of 25 Houses to Estate Community at a cost of LKR. 9.660Mn with Kahawatte Plantations Plc.

LFSUS is partnering NDB to assist Rajarata Participatory Development Foundation, a well established Microfinance Institution in Medawachchiya to upgrade 85 houses in the once war devastated villages of the Region and Kebitigollawa Integrated Rural Development Organization of Kebitigollawa to upgrade 100 houses in the Region at a total cost of LKR.21.5Mn.

Further LFSUS is partnering NDB bank- Borelasagamuwa to assist Janamithu Lanka Limited, a well-established MFI in Nugegoda to upgrade 130 houses in Southern province at a project cost of LKR ten (10.0) million.

    

LFSUS partnered with HNB bank and assisted 5 MFIs to upgrade 11 housing projects all over the country with the Loan amount of LKR 110,632,500.00 to upgrade 876 houses to assist 3343 beneficiaries. Out of which 5 projects have been settled in full satisfactorily.

LFSUS is partnering HNB bank to assist the 2nd phase of Rajarata Participatory Development Foundation-RPDF, a well-established MFI in Medawacchiya to upgrade 61 houses in Medawacchiya area at a project cost of LKR ten (10) million in October 2016.

Further, LFSUS is partnering HNB bank to assist Sewa Community Credit Limited- Boralesgamuwa, to upgrade 71 houses in Chilaw, Polonnaruwa, Nuwara Eliya and Kanthale areas at a project cost of LKR ten (10) million in October 2016.

Furthermore LFSUS is also partnering HNB bank to assist Dumbara Micro Credit Limited-Mirigama to upgrade 24 houses in Mirigama area at a project cost of LKR five (05) million in November 2016.

    

LFSUS partnered RDB to support the Cities Alliance Project in Ratnapura in partnership with the Municipal Council to provide house upgrading and sanitation facilities for 72 houses in Kanadola located in Ratnapura at a project cost of LKR.2.86Mn.

    

LFSUS and HSBC partnered the Moratuwa Municipal Council under the Cities Without Slums Initiative to construct 23 houses at a project cost of LKR.10.0Mn in the Moratuwa Region of the Colombo District.

    

LFSUS is partnering Sri Lanka Saving Bank (SLSB) to assist Pragathi Sewa Foundation, a well- established Microfinance Institution in Shrawasthipura, Anuradapura to upgrade 120 houses at a project cost of LKR ten (10.0) million.

Further LFSUS is partnering SLSB bank to assist Rajarata Praja Kendraya, a well-established MFI in Kekirawa to upgrade 138 houses in Kekirawa area at a project cost of LKR ten (10) million in October 2016.

    
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