How One Firm Built and Sold Homes in Mortgage-less West Africa
Taking out a mortgage to buy a home is a commonplace transaction in many parts of the world, but there are regions such as West Africa where the basic infrastructure for such a deal is patchy at best. Former Peace Corps volunteer Robert Hornsby saw a business opportunity with a strong social impact component: Create a mortgage industry from scratch that puts locals in homes and provides foreign investors with a healthy return.
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