Own property with LESS DEBT Vukile Manzi says Vuka Darkie makes owning a house affordable
Stokvel groups and individuals can now buy property at an affordable price
THE cost of living is increasing everyday and as a result, people are forced to get into debt. Failure to pay those debts can lead to assets being repossessed, mental stress and broken relationships. Vukile Manzi, the chief financial officer of Vuka Darkie Capital Group, a company that offers financial support to people who want to buy property, says there are ways to make this big purchase without breaking the bank. You can also lessen the pressure by buying property as a stokvel group before moving on to buying your own home.
MAKING HOUSING AFFORDABLE
Vukile explains that getting finance for a house is costly, but his company helps clients with financial plans that enable them to make their dreams a reality.
“Many people are struggling to get their finances together. Instead, they drown in debt and end up not getting their dream homes,” Vukile says.
“We locate land then send in our designers, builders and the rest of the team to the location. Together they will produce the final product. We have different packages to suit our clients' needs. We help consumers to build affordable houses and not pay amounts that will drown them in debt.” Vuka Darkie understands that when buying a house through a bank, it takes years to pay it off. “We build a house for you and you settle the house in instalments. We have different packages to choose from. You can choose the one you find affordable and pay no interest,” he says. Vuka Darkie has managed to help 14 clients since its inception, early last year.
Vukile says the company has seen growth and they are working on many projects. They also have capacity to take on large projects such as taking on clients that approach them as a group.
“We are a company of solutions. If one of our clients gets retrenched and is unable to honour the instalments, we come up with solutions,” he says.
Vuka Darkie finds ways to help clients to pay their instalments rather than taking them to the lawyers. “If there are job opportunities in the company, we are able to give the person a job so that they can finish paying off their debt,” he says.
Vukile also mentions that their company also builds guest houses, student apartments, private offices and churches, something which is enticing for stokvel groups.