DFIs are alternative financial institution that play crucial role in providing credit in the form of higher risk loans, equity positions and risk guarantee instruments to private sector investments in developing countries.
The aid by the DFIs which would range from long term loans to equity contribution for project execution, is expected to give succor to real estate providers who are financially constrained in delivering medium and low income housing schemes.
“The active participation of DFIs in real estate funding can significantly infuse standardization into the real estate market and also deepen the financial market more by providing long term funding to institutions, DFIs can also champion engagement with the government towards formulating real estate finance friendly policies that would consequently help introduce best practice into the market.
(culled from http://businessdayonline.com)
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