Solidarity Housing is a multipurpose co-operative that specializes in providing interest free home ownership financing through Diminishing Partnership (DP) arrangement. Solidarity Housing also provides its members with investment opportunities to earn decent dividends.
Housing is one of the basic needs of a person. It is the desire of every individual to secure shelter for his/her family. However, decades after independence equal access to affordable housing remains a mirage to the vast majority of Nigerians. The challenges range from huge housing deficits estimated to be about 17 million units (National Bureau of Statistics); scarcity of housing financing; under-investment in low-income housing as well as unaffordability by over 70% of the Nigerian population categorized as poor and low-income group among other challenges. There is lack of effective demand for housing owing to the type of financing available with high interest rates and other inflexible conditions. Here comes the sustainable alternative to conventional methods. The opportunity to invest your savings in an Ethical and socially responsible project and or buy your own house without paying interest. We invite you to join us in this project.