The Africa Bond

Homeless International is raising donations and Contributions for the Africa Bond, primarily from within the UK social housing sector, in order to lend funds to partner organisations for community-led housing and related infrastructure projects in Africa. So far, £151,500 has been raised in Contributions. The Africa Bond represents a new milestone for Homeless International in that it will be lending to partners on a mainstream basis for the first time, as well as aiming to both pay Contributors an annual return of 3% and return their original Contributions at the end of their 10-year term. (abstract from http://www.homeless-international.org)

Publication Date: 
2007
Journal Name: 
Homeless International - Africa Bond