Are you ready to kickstart your property investment or home ownership journey? Rentscore and Chumz have teamed up to bring you the perfect, practical solution to save for a property in Nairobi and it's environs. Say hello to goal-based savings!
Save Smart, Invest Wisely
The first step in purchasing a property in Nairobi and its environs is saving for the down payment, typically around 20% of the property's purchase price. This partnership empowers you to take practical steps through goal-based savings while earning interest to achieve your first big milestone towards becoming a real estate investor. 👐
Chumz is a mobile-based savings and investment app regulated by the CMA (Capital Markets Authority). It allows you to save via mobile money, either individually or as a group, towards your short and long-term financial goals. You can start saving with as little as KSh. 5/=, and there's no maximum limit. Plus, the funds you deposit earn interest, credited daily to your goals. Deposits in quick save and normal goals earn an interest rate of 6% p.a., while deposits in locked goals earn 8% p.a.
Your Journey Begins Here
It's said that a journey of a thousand miles begins with a single step, and we're here to guide you from the start. As you save, your net worth grows, and you'll love seeing those digits rise. Each shilling brings you a step closer to your own front door! Don’t forget to use the affordability calculator accessible on our website to see properties in nairobi and its environs within your range.
How to Get Started
Here’s how to kickstart your down payment savings:
1.Download and open the Chumz App.
2.Click on New Goal.
3.Select House.
4.Enter Rentscore as the goal name.
5.Choose Locked goal.
6.Enter the amount and period you want to lock and continue to save.
Start building your net worth today! Contact us at +254 743 466 209 or +254 757 488 833 to learn more about our services and how we can help you achieve your real estate goals.