Many low-income families around the world have benefitted from greater financial-inclusion through advances in fin-tech, mobile money, and now AI underwriting. However, accessing larger asset-based finance (land and micro-mortgages) remains largely out-of-reach for the bulk of the world’s poor. New Story has tested a high-impact approach that creates the missing on-ramp to land and housing. New Story is raising $25M in investment this year unlock and de-risk a new market designed to serve hundreds of millions of vulnerable low-income families across Latin America.
Unlocking Land+Home Ownership for Latin American Vulnerable Families with Catalytic Capital
Track
Capital Flows for Impact: Dialogues Around the State of Impact Investment
Format
Delegate-led Meet Up (1 Facilitator)
Speakers
- NameHewsan Pang
- TitleDirector, Impact Investment Fund
- OrganizationNew Story
Description
Many low-income families around the world have benefitted from greater financial-inclusion through advances in fin-tech, mobile money, and now AI underwriting. However, accessing larger asset-based finance (land and micro-mortgages) remains largely out-of-reach for the bulk of the world’s poor. New Story has tested a high-impact approach that creates the missing on-ramp to land and housing. New Story is raising $25M in investment this year unlock and de-risk a new market designed to serve hundreds of millions of vulnerable low-income families across Latin America.