Nurcha
Nurcha is a South African non-profit that finances the building of homes for low-income families. Over 100,000 homes have been built with Nurcha help. It has mobilised by $100,000,000 of private capital by working in partnership with commercial banks, the government and donors such as the Open Society Institute in New York.
Chief Executive Cedric de Beer needed to identify the future impediments to the delivery of homes to low-income South Africans, and how Nurcha could grow sustainably. With the support of the Open Society Institute, we identified different segments of the market faced different obstacles, to could craft Nurcha’s priorities accordingly. Analysis also showed how Nurcha can best design and deliver its services sustainably, and which new skills it should develop.
Nurcha now delivers more homes to poor South Africans with a clear focus for action supported by its key investor.
Jon Huggett spent an intensive month at Nurcha, understanding the housing environment and our business. The output is a useful document charting the forward in terms of achieving sustainability while remaining on mission. This will form the basis of our strategic planning and fundraising activities.
We have a much better understanding of the economics of our work, and our ability to conduct this kind of analysis has been greatly heightened.
