Kevin Chetty is a regional director for Europe, Middle East, and Africa at Habitat for Humanity’s Terwilliger Centre for Innovation in Shelter. He has more than 10 years of senior executive experience in banking.
There are an estimated 1.6 billion people in the world living in substandard housing. This figure is climbing, but housing microfinance — small, nonmortgage-backed loans for short terms — could be a market solution to address growing housing needs, incremental building patterns, and the land tenure realities of low-income households. Habitat for Humanity explains how.