We leverage on meeting an existing basic need by making the need meet financial supply.Â
While the African continent has one of the world’s most youthful and fastest growing populations, housing is a basic need. This presents a big gap between the available houses and the number of houses being constructed. The shortfall is estimated at tens of millions of homes across Africa.
At the same time, as this huge need exists, access to traditional banking finance is very low, estimated at as low as 5% of the population in some African countries. This opens up the opportunity for GROW MY HOME to fill the gap by developing non-traditional sources of funding.
Through our platform, members can pool together funds and provide housing to homebuyers. Our models ensure that the risk for the funders is at the barest minimum. By doing this we can match demand, supply and risk management.