Affordable housing doesn’t have to be a thing of the elderly anymore. Yes, I said it! you don’t have to be nearing retirement so that you can afford your dream house in that leafy suburb.
The Amaka Fund is here to provide you with a platform to make that dream a reality, and even quicker. I bet you can hear the famous saying “if the money you have cannot solve your problems…eat that money.” Well that 500 bob you are eating away could be the key to you avoiding “stress za landlord.”
Here is the how to own your home through the Amaka Platform:
Step 1: Registration
Amaka fund is embedded in a simple to use online platform. The 5 compulsory requirements are:
- You must be a Kenyan citizen
- You must be 18 years and older
- Have a valid national Identity card
- Fully complete a personal bio data
- Key in the details of your house preference.
Be careful to provide truthful information since the data is verified with the government and relevant stakeholders.
Click on this link to get started https://www.amakaportal.com/register
Step 2: Start Investing
Once your details are verified and good to go, you get set up with an e-wallet that you can immediately start saving in. So yes! The KES 500 can get you a bag of cement and a dream home!
How to make your contribution:
- Make a KES 500 minimum investment.
- Top up any time.
- Top up any amount.
Why do we call it an investment? Because your funds earn you interest daily.
Why is it a saving plan? Because you are setting money aside for the sole purpose of your dream home.
For quick saves, after successful registration, dial *542# for quick transactions either in KES or USD.
Step 3: Be a Homeowner
Once you start investing it is only a matter of time before you get the keys to your house.
The Amaka Fund allows you a rent-to-own option. What this means is, once you have successfully raised the deposit and a housing unit is complete, you can move in. While inside the unit you will continue to make subsequent contributions until you match the buying price of the specific housing unit. At this point you officially become the homeowner.
To qualify as a homeowner, you must:
- Be a registered member of the Amaka Fund online portal with a completed profile.
- Select a property you want to buy from the catalog of ongoing projects.
- Make a deposit on the selected house from your savings account.
- Pass a credit appraisal test.
If you have been dreaming of owning a beautiful home but don't know where to start, Amaka Fund has got you covered! With their easy and efficient home ownership process, getting the keys to your dream home is as simple as A-B-C. So why wait any longer? Contact us today at info@kwelicapital.com and take the first step towards making your home ownership dream a reality.