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Angola

Reall has worked in Angola since 2011, in partnership with Development Workshop Angola, and their housing social enterprise, HabiTerra.

Following a devastating civil war, Angola is slowly recovering. Currently, Angola is one of the fastest urbanising countries in Africa with 62% of its population living in cities. According to Angola’s National Statistics Institute, as much as 91% of the urban population reported living in inadequate conditions with limited access to sanitation, water and electricity. As it stands, people living on lower incomes remain virtually untouched by housing finance and development initiatives.

Reall’s work with DWA has focused on the city of Huambo, where over 150 homes have been completed to date. Due to the lack of housing finance available, DWA has piloted an innovative rent-to-own model, enabling clients to build up a deposit and a credit history through their rental payments, which can be converted into a housing loan.

People Housed 429
Jobs Created 778
People with Improved Water 429
People with Improved Sanitation 429
Women and Children Housed 316
Number of Projects 2
Total Invested $ 2,434,442

Delivery of Homes

Houses

Basic Homes
195
Total Expected
155
Complete
40
In Progress

Other Products

land plots
2
Total Expected
2
Complete
In Progress

Client Data

Household Demographic Data
Household Size
5.05
Proportion Female
49.9
Proportion Children
47.3
Proportion Elderly
0.7

Global Project Finances

Displayed In USD $

Investments — Reall to Affordable Housing Partners

Total Project Investments
USD 2,434,442
$ 2,434,442
Loans
USD 2,069,276
$ 2,069,276
Grants
USD 365,166
$ 365,166

Based on exchange rate on 31/01/2020

Funds Lent by Partners to Households
Funds Lent by Partners to Households
USD 118,380
$ 118,380
Funds Repaid by Households to Partner (to date)
Funds Repaid by Households to Partner (to date)
USD 84,986
$ 84,986

Browse Projects in Angola

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Data last updated on 31/03/2020