Landlords get weary very fast, moreso if you have a bad month and delay in paying rent. Imagine coming home tired from work to a locked door, and you are disconnected from electricity or water. All this can be really embarrassing, but the Amaka Fund has a way out.
Below are the quick steps to your housing freedom:
Step 1: Registration
The first step is to sign up on the Amaka fund platform.
The eligibility criteria is:
- Be a Kenyan citizen.
- Be 18 years and above.
- Have a valid national Id.
Step 2: Start saving up
After you submit your personal biodata, your attached documents will then be verified by relevant bodies. Upon successful registration and verification, an e-wallet is created on your Amaka Fund portal user page. You can immediately start contributing to the e-wallet.
How to contribute:
- Start with as small as KES 500.
- Use *542# to easily top up.
- Contribute as many times as you want any time of the day.
- All your savings earn interest daily.
Step 3: Become a homeowner
Once you meet your minimum allocated amount, you can then choose your dream home from the available project listing on the portal.
Requirements for allocation:
- Be registered on the Amaka Fund online portal.
- Select a listed project from the portal.
- Save your allocated deposit of the selected house.
- Pass clearance from Credit Reference Bureau.
- All home allocations are done once the developer certifies the proper completion of a project.
The plan is quite simple and easy to follow, all you need to do is commit and put aside small amounts as much as you can. As soon as you meet your set deposit you can move into the apartment and continue making savings towards the remaining amount.
Subsequent to finishing your payment you will receive a title granting you full house ownership. That is simply how unaondokea ngori za landlord! With KES 500, and a solid affordable housing plan!
Register now at https://www.amakaportal.com/dream-neighborhood and be on your way to being your own landlord!
