Risima Mandate

Risima has been created to respond to the need to create access to home loan finance to all residents of Limpopo both in rural and urban areas. In so doing, assist LEDA to achieve its developmental objective and empowerment in Limpopo through housing construction, in support of the Provincial Employment, Growth and Development Plan. Risima is focusing largely in providing housing finance in the “GAP” market, i.e. those that earn too much to qualify for a fully subsidized house and too little to qualify for a bond from the mainstream financial institution

AT THE HEART OF RISIMA’S ACTIVITIES IS THE FOLLOWING:

1. Provide affordable housing finance to previously disadvantaged individuals
2. Facilitate the availability low cost housing for the Gap market
3. Finance property development project that contribute to mixed use residences
4. Fast track rural development through home loan finance