Pelow: A Platform to Run Successful Fundraising Campaigns for Housing

Pelow: A Platform to Run Successful Fundraising Campaigns for Housing

A growing number of millennials in Nigeria want to buy a home, but high mortgage rates and fewer savings always diminish their dreams. Increasing population, urbanization, and declining economy are other significant factors that are stopping many young Nigerians from buying their own homes.

 The sad part is Nigeria’s growing middle class is mainly affected by this acute housing crisis. The problem of the housing crisis has become worse over the decades in urban areas with low-income families. 

Today, more than 500,000 people migrate to metro cities of Nigeria that already have a housing deficit of more than 17 million units.

 Worse, the population in the urban areas is expected to double by 2050, putting even more pressure on its insufficient housing options.

The soaring inflation rate and wide income gap of Nigeria have always remained a key culprit for the housing crisis.

If you are also dropping your plan of buying a new home thinking: I don’t have money to pay for my house, think again as Pelow is here to help you.

Yes, you read it right! Pelow aims to provide financial assistance by helping raise donations so you can achieve your financial goals.

  At Pelow, we strive to empower those low-income Nigerians who cannot achieve their dreams of living in a safer and better place due to a lack of funds.

How do Donation Campaigns Work in the Pelow App?

  • Pelow allows you to raise donation campaigns for house rent, mortgage, construction, or renovation. In order to start your donation campaign, you simply need to provide proof of your affiliation with the concerned property. 
  • Providing images and video links makes your campaigns more convincing. Besides, simply clicking on the “star-shaped” icon on the dashboard will get your campaign featured on the Pelow.
  • Once the campaign is started, you can easily access the funds donated by donors in your campaign. Funds can be easily withdrawn once you reach your campaign goals.

Why Choose the Pelow App?

Today, many Nigerians invest in new homes using funds from personal savings and end up getting bankrupt. Luckily, the Pelow app provides one of the effective ways to raise money for buying a house in Nigeria. If you are keen to complete your residential or commercial building project but couldn’t continue due to a lack of funds, Pelow is the way to go!

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