AVIOM Housing Finance, a leading provider of housing loans to low-income households, has raised $5 million in debt funding from the InsuResilience Investment Fund. The funding was secured through the issuance of 500 secured, listed US dollar-denominated bonds to the fund.
The InsuResilience Investment Fund, an initiative by the German development bank KfW and formerly known as the Climate Insurance Fund, aims to improve the resilience of vulnerable households and businesses to climate change. This investment underscores the fund’s commitment to supporting sustainable development in emerging markets.
Founded in 2016, AVIOM Housing Finance has been dedicated to providing housing loans to underserved populations across India. With this latest funding, the company has raised a total of over $54 million to date. The new capital will enable AVIOM to expand its reach and impact, furthering its mission to offer affordable housing finance solutions to low-income households.
Ms. Kajal Ilmi, Founder and CEO of AVIOM, stated, “This investment from the InsuResilience Investment Fund is a testament to our commitment to financial inclusion and sustainable housing. With this funding, we aim to scale our operations and make homeownership a reality for more families across India.”
The strategic investment will bolster AVIOM’s capacity to address the housing finance needs of low-income households, contributing to economic stability and growth in the regions it serves. As the company continues to grow, it remains focused on delivering high-impact financial solutions that drive social and economic development.
This partnership with the InsuResilience Investment Fund marks a significant milestone in AVIOM’s journey, highlighting the increasing investor confidence in its business model and social mission. With enhanced financial backing, AVIOM is well-positioned to continue its trajectory of growth and impact in the housing finance sector.
