adminhe said, adding that so far US$200 000 has been contributed towards the fund.
Mr Eric Adams from the Development Innovations Group who is in the country also confirmed the development.
“We want to set up people for success. We want to give people amounts they can afford to pay back,” he said.
He said the revolving fund team would look at the cost of setting up a one-roomed core house with a toilet.
The team, he said, was bringing with it experience from other success stories in the setting up of housing schemes for the poor.
“We are also laying out a business plan that we hope to sell to donors and investors,” he said.
His colleague Mr Henri Disselkoen said it was difficult to provide housing finance in Zimbabwe because of the liquidity crunch.
He said with relevant skills and fundraising techniques, it was possible to raise funds for pro-poor housing development.
“The fund would help raise money for drilling of boreholes, building of core housing structures and provide health facilities for poor communities,” he said.
Online Reporter