FULL ECONOMIC CITIZENSHIP (FEC) PROVIDES EVERY CITIZEN THE OPPORTUNITY TO EXERCISE HIS OR HER ECONOMIC, SOCIAL AND CULTURAL RIGHTS. TO ACHIEVE FEC, A CITIZEN MUST HAVE ACCESS TO THE ESSENTIAL PRODUCTS AND SERVICES REQUIRED TO ENABLE HIS/HER ACTIVITY AS A CONSUMER, PRODUCER AND HOLDER OF ASSETS. FEC SEEKS TO END THE EXCLUSION OF TWO-THIRDS OF THE WORLD’S POPULATION FROM GLOBAL MARKETS.

It all begins with a place to call home, a commodity that many people worldwide rely on for health, income and happiness. Currently, over one billion people — 32% of the global urban population — live in slums in emerging countries and are shut out of the formal housing market. Although it is estimated that nearly 100,000 housing units are needed each day, many people can not access affordable housing due to market failure: critical issues include low-quality, high-price building materials, limited distribution channels, inaccessible financing and lack of technical assistance.

To meet the large housing demands of our time and achieve genuine impact new market-based solutions must be generated. We need to build billions of homes. The only way we will get this done is through Hybrid Value Chains (HVCs). The HVC is a new operating framework that transforms markets by leveraging the strengths of business and citizen sectors. HVCs spread across the economic spectrum and create sustainable and scalable, housing solutions.

As a response, in 2007 Ashoka’s Full Economic Citizenship initiative in partnership with the Hilti Foundation launched Housing for All — a global endeavor that addresses the major gaps across the housing value chain. With a current market size of US$424 billion and significant housing deficits in most countries, affordable housing constitutes a new frontier for business and a major opportunity to improve people’s lives. The Housing For All initiative is contributing to the acceleration of the development of low-income housing markets in India, Brazil, Colombia and Egypt. At the same time, it is building a global learning platform to enable major partnerships between companies and citizen sector organizations committed to sustainable and scalable housing solutions.

fec.ashoka.org

Today over 2 billion citizens in the world don’t have access to any type of financial services,

one billion still live in inadequate housing, 2 billion lack electrical power, and 100 million

school-age children do not attend primary school. To them and their families, reaching full

economic citizenship would mean having access to improved products and services that

meet their basic needs, increasing the value of their local production, and being able to

leverage their often illiquid assets to gain new opportunities.

A HOME IS MORETHAN SHELTER.ACCESS TO HOUSING AND BETTER LIVING CONDITIONS CAN TRANSFORM THE LIVES OF INDIVIDUALS, FAMILIES AND COMMUNITIES.

This is a project with a direct connection to the Hilti Group’s professional field—as well as going beyond it. Construction means jobs, as well as experience that can be passed on; it means lasting values, which are in turn the bedrock of new ideas.

Egbert AppelThe Hilti Foundation

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ASHOKA FULL ECONOMIC CITIZENSHIP

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ABOUT HILTIFOUNDATIONWe build a better future!

Together with the Hilti Family, the Hilti Group, and all Hilti team members, the mission of Hilti Foundation is to passionately create sustainable societal impact in selected areas.

Our objective is to create sustainable impact on large scale, strengthen the essential values of a modern society, and reflect the core values of Hilti with activities in defined focus areas.

These are Affordable Housing, Basic Education, Community Development, Culture, Disaster Relief, and Social Entrepreneurship.

For more info visit: www.hiltifoundation.org

ASHOKA FULL ECONOMIC CITIZENSHIP

HOUSING FOR ALL

ABOUTASHOKAFounded in 1980, Ashoka is the world’s working community of more than 3,000 leading social entrepreneurs. It champions the most important new social change ideas and supports the entrepreneurs behind them by helping them get started, grow, succeed, and collaborate.

As Ashoka expands its capacity to integrate and connect social and business entrepreneurs around the world, it builds an entrepreneurial infrastructure comprised of a series of global initiatives that supports the fast-growing needs of the citizen sector.

Ashoka’s vision is to create change today, for an everyone a changemaker society to become the reality of tomorrow. Ashoka envisions an Everyone A Changemaker world. A world that responds quickly and effectively to social challenges, and where each individual has the freedom, confidence and societal support to address any social problem and drive change.

For more info visit: www.ashoka.org