The Philippines’ social housing sector crisis is growing at an alarming rate. Currently, 1.5 million Informal Settler Families (ISF) live in Metro Manila, with many subsisting in overcrowded and dangerous slums. To help solve the problem, the government has approved financing for the construction of low-income housing developments. Though positive, big challenges remain in managing the estates and growing sustainable livelihood programs and economic opportunities within these new communities.
Dana Asia’s experienced and empathetic team has designed a strategy to develop social businesses within these developments – led by locals – to build sustainable economies within their housing developments through the power of social business. Activities include microlending to small business owners, community markets, financial literacy training and more opportunities.