Affordable Housing Finance for Women in Kazakhstan – EQ Mag
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ADB’s $100 million project provides targeted support for Kazakhstan women, especially those in provinces, to obtain affordable housing.
Over 2,000 women have already benefitted from this project implemented jointly with Otbasy Bank.
To avoid exchange rate risks for borrowers, ADB provided the funding in local currency raised through the first tenge gender bonds issued on Kazakhstan’s stock exchange.
The project is a testament to ADB’s resolute commitment to advance gender equality.
Source: adb
