Quissala
- Status: Complete
- People Housed: 333
- Country: Angola
- City: Huambo
- Partner: HabiTerra
- Year Approved: 2013
Located across the road from the main market in Huambo, this project is the first phase of the overall development of a site owned by Development Workshop Angola (DWA). The city is the third largest within the country and suffered a large amount of destruction and damage during the civil war that ended in 2002.
The project is implemented by DWA subsidiaries, HabiTerra and KixiCredito. Operating on a rent to own model, residents initially pay rental payments until they have built up enough of a track record to then be assessed for a loan. The money for the rent is saved up and then used as a deposit on the house purchase.
Client Data
Clients estimated to sit between 41st and 50th percentiles of incomes in Huambo
| Description | Type | Number Expected | Number Completed | Unit Size (m2) | Sales Price (Local Currency) | Monthly Cost (Local Currency) | Loan Length (months) |
|---|---|---|---|---|---|---|---|
| 1 bedroom, 32.5m2, house and plot | Basic | 120 | 120 | 32.5 | 11111 | 92.28 | 72 |
| n/a | Plot | - | 2 | - | - | - | - |
Project Finances
Investments — Reall to Affordable Housing Partners
Based on exchange rate on 31/10/2021
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Data last updated on 30/06/2022