COOVIVI is a home-financing scheme and community developmentoperated by local housing cooperatives.

It provides an opportunity for social inclusion and social mobility.

The proposed FUVAAL-COOVIVI is to provide an opportunity for low income people or those working in informal sector to become owners of a durable and decent house using a combination of:

• Non-profit construction.
• Top-line design, planning and building systems.
• Funding for those who are excluded by the formal banks.
• Continuous training.
• Social and group support.
• Extensive programs for risk management.
• Training programs for condominium management, financial management etc.
• And a variety of procedures to minimize financial risk.