Background

Lanka Financial Services for Underserved Settlements is a non-profit company set up in Sri Lanka to provide financial aids for underserved settlements in Sri Lanka advised and supported by SUF of UN-Habitat together with the Sri Lankan Government through an MOU between the United Nations Settlements Programme (UN-HABITAT) and the Ministry of Urban Development and Sacred Areas Development.

LFSUS is registered under section 21 of the Company's Act, in order to uplift the living standards of slum dwellers through the development of bankable projects that pormote affordable housing for low-income households. This will also include identifying probable projects, evaluating the necessary preliminary legal documents and tenure rights, implementing community based projects, assisting the provisions of urban infrastucture in settlements, and providing direct technical assistance where necessary.

Mission

Creating an effective partnership to reach underserved communities with affordable finance for healthy, clean and beautiful housing.

 

LFSUS provides full, partial or other forms of guarantees to banks and other funding sources: to secure lending to low income earners/housing societies formed by such groups for the purpose of housing and to secure lending to MFIs, community based organizations or such similar institutions for the purpose of housing finance for low income groups, facilitateslow-income earners to access finance directly/directly from banking sources, facilitates intermediaries such as MFIs, community based organizations of similar such entities to access funding for housing finance from banks/market based sources and assists in the exchange and sharing of information and experience in financing slum upgrading and settlement development in co-operation with a wider advisory network practitioners and policy makers.

Turning Around The Tsunami: UN-HABITAT Builds More Than HousesIn the Ampara district, on Sri Lanka’s east coast, UN-HABITAT/ RCIS funded by the Norwegian People’s Aid helps 475 families who found themselves stranded at different stages of rebuilding the homes they lost to the 2004 tsunami.......(Read More)

World Habitat Day 2008.......(Read More)

Housing for Vulnerable Tsunami Hit Families in Jaffna District: Polykandy West Polykandy West in Jaffna District in the North of Sri Lanka is a small community of fifteen (15) most vulnerable families. These families who were earning a meager income as conservancy laborers at the Local Authority, had no proper shelter and were living in small makeshift shelters along the beach..........(Read More)

Relocating Colombo District Tsunami Victims: Kahawitagehena, Kalutara District An unfortunate aspect of the aftermath of the Tsunami of December 2004, is the predicament faced by thousands of families who lived along the coast in the Colombo District. The makeshift houses and shanties of these families who occupied reservations along the beach and the railway line were completely destroyed.......(Read More)

Dankotuwa Porcelain PLC Provides gifts to Tsunami Affected Families