The International Finance Corp. is partnering with Asialink Finance Corp. to evaluate the feasibility of a dedicated affordable housing finance company in the Philippines.
The initiative will conduct market research, build institutional capacity, facilitate peer‑learning activities, and develop strategic plans. It carries an estimated budget of $150,000 and is scheduled to conclude on November 15.
The project aims to broaden housing finance access for underserved segments, particularly informal and low‑income households.
Key objectives include identifying viable finance products for informal borrowers, enhancing institutional design capabilities, and transferring knowledge from proven models abroad, especially those in India.
A strategic roadmap will be drafted to cover product development, operational readiness, capital structuring, and to demonstrate the viability of lending to informal borrowers, thereby encouraging wider market participation.
Housing price data shows the central bank’s Residential Property Price Index rising 4.5% from January to March, a slower increase than the 7.6% recorded a year earlier.
Asialink Finance is a nonbank financial institution that lends to micro, small, and medium enterprises, unbanked individuals, and women‑owned businesses across the country.
Last year its loan disbursements grew 6%, reaching 16.6 billion Philippine pesos, supporting 34,611 MSMEs nationwide and financing over 3,000 women‑led enterprises.
