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ADB partnered with Habitat for Humanity

Published on April 21, 2021
Current Context: The Asian Development Bank (ADB) partnered with Habitat for Humanity International to grant support to a microfinance institution (MFIs).
ADB partnered with Habitat for Humanity
  • The support to MFIs will enable them to grant housing loans to low-income families residing in rural and semi-urban areas of India, Bangladesh, the Philippines and Indonesia.
  • The technical expertise will be provided to MFIs to deliver the housing loans.
  • With this collaboration, ADB will be expanding its microfinance risk participation and guarantee program.
  • In the first phase of the partnership, the commercial banks will grant $30 million housing loans to MFIs.
  • Static Part: 
    • HQ of ADB: Manila, Philippines
    • President of ADB: Masatsugu Asakawa
    • HQ of Habitat for Humanity: Atlanta, Georgia


Q.1 Which organisation partnered with Habitat for Humanity to support MFIs?
a. African Development Bank
b. New Development Bank
c. World Bank
d. Asian Development Bank
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