Senegal: Alpha Digicrédit allows access to real estate loans

By : Adoni Conrad Quenum

Date : mercredi, 16 novembre 2022 11:28

The solution aims to facilitate the acquisition of real estate properties for the Senegalese population. 

Alpha Digicrédit is a digital platform developed by a Senegalese eponymous start-up. It aims to democratize access to housing for Senegalese, both locals and the diaspora, by allowing access to real estate loans.  

According to Dina El Kadry, the mastermind behind the solution, with Alpha, users have a precise idea of the overall cost of their real estate acquisitions (both the loan and the fees), thus avoiding additional costs. They can also negotiate the best conditions, with experts helping them reduce costs along the entire acquisition process, he adds. 

The startup has a mobile app that provides users with all the information they need when they initiate an acquisition process. It then gives them information to assess the quality of the property they want and choose the adequate financing model. 

Through the mobile app, on registration, users can view all the properties listed on the platform and use the mortgage calculator to assess whether their acquisition projects are feasible. 

"For many Senegalese and even Africans living on the continent or abroad,  acquiring a real estate property is a life goal. [..] As a single point of contact, Alpha manages the entire process by applying for loans and dealing with notaries insurance companies, and developers. It oversees the case till completion,” Dina El Kadry explains.  

Adoni Conrad Quenum

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