Many financial systems in Africa have been imported from the West, but do not meet market needs. Meeting the needs of climate investors, affordable housing developers and African families, Empowa, Casa Real and Mercy Corps Ventures have proven that an alternative approach to affordable housing finance can be addressed on a sustainable basis. We look forward to scaling this significantly across the continent.
New report from Mercy Corps Ventures shows that in the affordable and climate-resilient housing pilot with Empowa and Casa Real in Beira, Mozambique, 64% of tenants wouldn’t have been able to buy a house without the Empowa enabled rent-to-own solution! 🏠📈🇲🇿 👇🏽 Learn more about the report here: https://lnkd.in/g2sdDCvK #affordablehousing #climateresilience #renttoown
Amazing work Glen Jordan and the Empowa team!
Such important work Glen Jordan. Well done.
Chairman at iSTENA Group Pty Ltd
4wWell done Glen and team, am always happy to see a milestone achievement in your set goals as EMPOWA. It's really sad that in this day and age we still using a financial system that does not support the bigger market of property. This really needs us in this space to pioneer a new system to unlock millions of housing opportunities to benefit the affordable housing sector. Well done Glen Jordan and Empowa team