Challenges of international housing finance institutions:The case of Shelter Afrique
View/ Open
Date
2008-11Author
Lwali, Elizabeth K
Type
ThesisLanguage
enMetadata
Show full item recordAbstract
Financing plays a major role in the housing sector and the fact that many individuals
solve the housing problem by renting does not alter the role of financing in the
provision of rental units whether they are provided by the public or private sector.
However, this financing is not without challenges. This study sought to find out the
specific challenges faced by international housing finance institutions in Africa today.
The research objectives are geared towards establishing challenges faced by
international housing finance institutions in Kenya and to show the effect of country
interest, inflation and exchange rates on the performance of housing projects. The
population comprised international institutions offering housing finance in Kenya.
I
The research was conducted through a case study design the target organization being
Shelter Afrique. Primary data was obtained through the use of an interview guide
while secondary data was sourced from the Central Bank of Kenya, Shelter Afrique
project tiles and other write-ups on the subject. Analytical and conceptual models
were used in finding out the relationship between performance of projects with
respect to movement of interest rates, inflation and exchange rates.
The findings of the study revealed that the major challenges experienced by Shelter
Afrique were as a result of unpredictable changes in the macroeconomic environment
Performance of housing projects funded Shelter Afrique were also affected due to
these changes resulting into enhancement of credit risk. During the period under
review Shelter Afrique did not forecast the macroeconomic variables but put in place
measures to manage them.
Sponsorhip
University of NairobiPublisher
School of Business, University of Nairobi