202409 Apr

Habi announces US$30 Million commitment from IFC and Victory Park Capital to improve Latin American real estate sector

Summary

This new partnership with Habi will not only promote inclusive development by supporting a firm that provides credit solutions to first-time homeowners, but will also improve transparency and access to liquidity for low-and-middle income consumers." The two companies partnered in 2023 with a US$100 million credit facility to support Habis continued development of its portfolio of residential products and growth of its used home purchases and sales in Colombia. About HabiHabi is building the digital infrastructure to support an efficient residential real estate market in Latin America with the goal of empowering families in the most important financial decisions of their lives. This new partnership with Habi will not only promote inclusive development by supporting a firm that provides credit solutions to first-time homeowners, but will also improve transparency and access to liquidity for low-and-middle income consumers. This new partnership with Habi will not only promote inclusive development by supporting a firm that provides credit solutions to first-time homeowners, but will also improve transparency and access to liquidity for low-and-middle income consumers.

Source: Ifc

Funding

$30M
Amount
Apr 09 2024
Date
-
Investor
Habi
Company

Classifications

Companies