The Gungano Urban Poor Fund in Zimbabwe

In December 2020, the Centre for Affordable Housing Finance in Africa (CAHF), UrbaMonde and UrbaSEN signed a partnership agreement to undertake a scoping exercise to explore experiences of citizen financing mechanisms for affordable housing delivery.

This short study – available in French and English – documents and disseminates 10 experiences, programs and projects of affordable housing production in Africa. Using bibliographic research and in-depth interviews, this work made it possible to analyze the capacity of projects and partners to be part of the public and private funding chain, and to mobilize the so-called “citizen finance” .

This week’s focus is in Zimbabwe and the Gungano Fund. The Gungano Urban Poor Fund was established by the Zimbabwe Homeless People’s Federation (ZHPF), to bring together and manage local women-led savings groups in low-income urban areas, to collect their savings and provide accessible funding. Through these savings groups, its members have the opportunity to access loans and financial assistance.

To find out more about the program in English or French, follow the links below.