At TUF, we provide access to finance to people with passion, potential and integrity for purchasing, converting or refurbishing buildings in the inner cities of South Africa. Our hands-on approach and specialised knowledge of the complexities of inner cities enables us to empower our clients to catalyse the regeneration of our neighbourhoods and communities.
The Intuthuko Equity Fund supports previously disadvantaged individuals who have never owned investment property before by contributing to the deposit or equity requirements necessary for a loan approval. TUHF does not provide 100% finance. The fund still requires interested entrepreneurs to contributeoftheir own earnest money towards the transaction. The fund is aimed at caretakers, property managers, artisans in the construction industry, police,fire men and women, and nurses as well as other individuals who live or work in the inner city. This equity fund is subject to senior debt finance from TUHF Limited for the purchase of inner city residential rental property.
Characteristics of an Intuthuko entrepreneur:
- Mature and have entrepreneurial passion
- Prepared to contribute their own hard earned money
- Hard working and problem solving
- Know the inner city and the neighbourhood in which they plan to buy
- Determined to make a better life for themselves
- Proud to own a clean and well-run building
Source: http://www.tuhf.co.za/
TUHF (Owner)
