Nigeria has an overwhelming need for houses and mortgage that is not available to the many that need it. Only the rich have access to ordinary loans that are so expensive. This discourages the low and medium income earners from building a house in time until old age or even retirement. I stumbled onto a company trying to solve this problem. They are called Southwind Investments and Engineering Services Limited and the platform on which they sell the equity bricks is www.mylandbank.org.

I got registered for free. Register free now on mylandbank.org?ref=2

Now with as low as N100,000 monthly contribution, 200 investors like you can own a house, live in it or earn income from rents and sales. They are launching a cooperative housing project to build 200 apartments in 5 Nigerian cities. They will be working with large cooperative societies in these cities to ensure they deliver on this promise. I think it is a great strategy to change home ownership.

We have heard testimonies of small housing projects completed so far. The company is owned by young Nigerians with decades of experience in real estate construction and maintenance.

I will watch out closely but i hope they make it through the real estate challenges in Nigeria. It is a profitable investment but a lot of challenges limit developers. I will support any company that wants to make this a reality.