By partnering with Ubuntu Design Group you have the opportunity to help change a family's life forever. With your investment, we are able to work together and build homes. Investors play a big role in the success of building these homes. Our financing model allows anyone, from local communities to organizations and companies to partner with us. Check out the three ways you can make an impact.
Impact investors lend a 25% ($5,000/ R69,294) down payment–to be returned without interest in one year–that qualifies the family for the funds needed to build their home.
If the Ubuntu Family misses payments during the first year, the amount missed will be deducted from the down payment.
Ubuntu will continue working with the family to ensure the recovery of this amount.
Surety partners underwrite Ubuntu’s mortgages, in the case of unresolvable default. Risks of default are mitigated by:
Ubuntu Family selection criteria
Home with a commercial space, capable of generating enough income to pay off the loan
Ubuntu intervention in the case of a failed business, including the possibility of renting the space to other families as a residential space
In the case that none of these measures can cover the mortgage payments, the surety partner will step in to make the payments until the Ubuntu Family is able to begin payments again. Ubuntu will continue to work with the family to ensure good financial management.
For those interested in fully funding a home without requiring repayment of the amount, Ubuntu has developed a discounted model to allow the construction of a home without the use of a mortgage.
The home can be fully funded by a sponsor for $20,000/R277,176
The home can be dually-funded with another individual or organization for $10,000/R138,588 each
Learn more about the families we help, and how your investment can change lives.