Bangladesh is one of the most populated countries in the world with a density of 1000 inhabitants per square kilometer. The poor population (47% in 2007) living in slums keeps growing, and they cannot afford decent housing and usually make their houses with poor materials at a cost of 25 to 30 US dollars. Obviously, these houses do not protect the inhabitants from monsoon rain and winter breeze.
Housing for the poor is an absolute necessity for survival. But it is not just a commodity to be consumed. It is also a productive asset for the poor. Actually, it is a vital investment in health leading to an increase in productive capacity and overall well being of a person and his or her family. Decent housing is the first step to growing one’s business.
According to that specific background, ICMSE offers an adapted low cost housing program. Low income people who are already involved in small and micro activities but are experiencing poor living conditions will have the opportunity to live and work in decent houses. The objective is to build 25,000 houses divided in three different models according to clients cash flow. The domestic production of all house building materials will allow for a very low final cost. Besides the obvious housing purpose there will also be a creation of new local jobs in housing construction. Inhabitants would afford those quality low cost houses thanks to the support provided by our partner ASA, a Bangladeshi Microfinance Bank.