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Best Practices
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Best Practices
 
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Cementos Mexicanos, CEMEX

Country: Mexico
Report:
 Submission details English
For helping more than 1 million poor people build their own homes, and more

Experimental Reimbursable Seeding Operations

Country: Latin America and the Caribbean, Africa & Arab States, Asia & Pacific, Europe & Former Soviet Union States
Report:
In April 2007, the Governing Council of UN-HABITAT adopted Resolution 21/2 on the Medium-term Strategic and Institutional Plan for 2008-2013 (MTSIP) and Resolution 21/10 on “Strengthening the Habitat and Human Settlements Foundation: Experimental financial mechanisms for pro-poor housing and infrastructure”. GC 21/10 requests the Executive Director of UN-HABITAT to establish a trust fund within the Foundation for a four-year experimental period from 2007 to April 2011 to support the implementation of Experimental Reimbursable Seeding Operations (ERSO) and other innovative financial mechanisms. Projects will be designed to catalyze domestic investment capital and domestic savings through the provision of seed capital, other innovative financial mechanisms, including credit enhancements, and technical assistance in a comprehensive and structured financial package. ERSO seed capital in the form of loans or credit enhancements will be provided to domestic financial institutions (banks, microfinance institutions) to enable loans for low-income housing, upgrading and infrastructure in combination with technical assistance to catalyze investments in pro-poor housing, related infrastructure and upgrading in close partnerships with national and local governments and support by local intermediaries. The target groups of ERSO products are either low-income clients themselves or actors involved in the provision of lower-income shelter.

Fast, secure, efficient and cost effective money transfer

Country: Kenya
Report:
 Details English
Safaricom was awarded the Habitat Business Award in 2009 for its M-Pesa Money Transfer Service, a state-of-the-art mobile phone based service that enables customers, especially the unbanked population, to transfer funds amongst each other and to their families in the rural areas in a fast, secure, efficient and cost effective manner. The initiative boots urban entrepreneurship and clearly demonstrates the role and impact of innovative IT solutions for sustainable urbanization. http://www.safaricom.co.ke

The Kingdom of Morocco

Country: Morocco
Report:
 Submission details English
The Kingdom of Morocco is awarded for delivering one of the world's most successful and comprehensive slum reduction and improvement programmes. In a concept already being replicated in Egypt and Tunisia, the Moroccan programme widely considered the best of its kind in Africa, is spearheading Morocco's Cities without Slums drive. The Government had set a target in 2004 of humanely clearing the slums in 85 cities by the year 2012. Working with the Ministry of Housing and Urban Development and its agency Al Omrane, in the past decade it has improved or eliminated 45.8 percent of the country's slums which are home to 1.6 million people. The cost of the programme has so far come to 25 billion dirhams (USD 2.86 billion) of which the Government has allocated 10 billion dirharms (USD 1.1 billion).

 
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