Financing Slum Rehabilitation in Mumbai: A Nonprofit Caught in the Middle Case Solution
A private organization that devoted to enhancing the lives and home of the slum-dwellers of Bombay (Mumbai) discovered in November 2001 that there were possible fiscal issues with a major new housing project in which it'd invested and had convinced others to invest. However, when Citbank warned that it's doubts about the chance of private, higher-income buyers being willing to move into a slum area- into a brand new apartment -SPARC discovers it must determine how and whether to react. Its choices range from the down-to-earth-only scaling back the three-tower project-to arranging demonstration and pressure against Citibank, which seemed to have consented to put money into part as it sought to enlarge its branch operations in Bombay to burnish its image. The case emphasizes some of the surprising ways in which commercial globalization changes the prospect of philanthropy and the strategies and strategy of community activists aim on extra-market measures to enhance the lives of the poor. It raises both strategic problems for the non-profit activists at the centre of the story and questions about home policy, as well-among them, the issue of the extent of the part which philanthropically-funded "model home" can play in ameliorating slum states.
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
PUBLICATION DATE: March 31, 2003
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