Providing access to affordable and adequate housing
Climate Innovation Centre South Africa (CISCA)Partner
Hustlenomics targets low-income homeowners with informal backyard shacks who cannot access traditional home improvement financing. Hustlenomics replaces these shacks with durable structures using recycled bricks. It applies an innovative shared home financing model where rental income generated from the completed structure is used to recoup building costs, before eventually obtaining full ownership.
The initial costs borne by Hustlenomics include building materials, labour costs, and transaction costs for the search for tenants to occupy the space for rental.
Junzi is an urban planning agency providing architectural designs and planning, engineering consultancy and municipal approval.
tuphcon pty is a collective of qualified artisans providing building and plumbing services and also training in construction for local communities.
Climate Innovation Centre South Africa (CISCA) is a national incubator, providing funding and business development consultancy to Hustlenomics.
The SEED Low Carbon Awards 2019 in Ghana, India, Indonesia, South Africa, Thailand and Uganda are sponsored by the International Climate Initiative (IKI) of the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU).