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dc.titleTackling the Qualitative Housing Deficit in Costa Rica
dc.contributor.authorInter-American Development Bank
dc.contributor.orgunitOpportunities for the Majority Sector
dc.coverageCosta Rica
dc.date.available2015-07-16T00:00:00
dc.date.issue2014-01-01T00:00:00
dc.description.abstractAn estimated 42 percent of homes in Costa Rica are in need of repair, expansion, or some other improvement, and nearly a quarter ofthose deficient dwellings are so dilapidated as to represent an immediate danger to those who live in them. The poorer the family, the more serious the problem: an estimated 83 percent of deficient housing is occupied by families living at the base of the pyramid (BOP). Although there is demand for home improvement loans, nearly 40 percent of the BOP is completely excluded from the formal financial system because loan rates, amounts, and terms are not tailored to their needs and because banks doubt their repayment capacity. Mutual Cartago de Ahorro y Préstamo (Mucap) is a Costa Rican non-profit financial institution founded in 1970 that promotes savings and national and foreign investment to solve the country¿s housing deficit. Mucap takes its services directly to clients through a network of 23 agencies nationwide and 13 credit stands in stores such as Walmart, Maxi Pali, and Maxi Bodega.
dc.format.extent3
dc.identifier.doihttp://dx.doi.org/10.18235/0006259
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Tackling-the-Qualitative-Housing-Deficit-in-Costa-Rica.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Una-solución-para-el-déficit-cualitativo-de-vivienda-en-Costa-Rica.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectHousing Finance
dc.subjectDevelopment Bank
dc.subject.keywordsVivienda;BOP;BDP;Mutual Cartago de Ahorro y Préstamo (MUCAP);OMJ;Housing
dc.typeCatalogs and Brochures
idb.identifier.pubnumberCatalogs & Brochures
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