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Here is a payment profile of one of our current African rent-to-own clients 🇲🇿🏠👩🏾🦱
It confirms what we already know at Empowa. People that would never qualify for a mortgage, because they lack proof of income, are able to pay for a quality home via the rent-to-own product! 📈
Families can move in immediately into a home and rent, while they save to buy their home. This can accelerate access to a green and resilient home by decades, as it can take 10-20 years to build a home by oneself and/or save up enough equity for a very expensive mortgage!
👇🏽 Empowa helps families:
💵 Demonstrate their ability to pay:
Families receiving irregular income throughout the month are able to accrue their monthly payments over multiple transactions with no penalty
🏠 Build equity in their home:
Families are able to consistently pay in-excess of their minimum monthly payment in order to build equity in their home and accelerate the journey from rent-to-own to full owner
🌍 Secure their future:
Families are able to prepay their monthly payments in times of excess over multiple transactions with no penalty
#Cardano #RealFi #FinancialInclusion

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