As a development organization, Kuyasa measures success through the positive impact it has on the lives of its clients. Kuyasa currently offers a housing loan to its clients.
Since inception, the business has focused on the distribution of loans for housing improvements, allowing the poor to improve their housing conditions, through incremental lending. Typically, loans are used for extending current dwellings or for improvements such as plumbing, fencing, security, tiling, flooring , plastering, painting and roofing.
The Kuyasa Housing Finance Company loan product increases the value of client homes, enabling people to benefit economically, socially and financially from the capital asset they own, whilst also encouraging their participation in formal financial streams including the property market.
A case study revealed that a government subsidized home in the Western Cape is valued at approximately R100 000 and is typically 23m² to 36m² in size . After investing a series of 3-5 Kuyasa loans, the final homes of Kuyasa clients are on average 60m² to 72m² in size and valued at between R150 000 and R350 000. This is an example of how Kuyasa leverages capital in order to build client equity.
Port Elizabeth Projects
Cape Town Projects