Peru Gains Housing Aid from IDB

    The

    created a USD10 million facility to bolster Peru's low-income housing market. "The establishment of this facility is a first step in a larger effort that we have undertaken at the IDB, through the Opportunities for the Majority initiative, to leverage the installed capacity of existing in-country platforms, broad distribution networks in low-income communities, with the goal of providing new products and services that will reach majority markets more effectively and at a larger scale," said Opportunities for the Majority team leader Susan Olsen.

    About the author

    • Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.