Financing

As you start on your journey to build your home, it is important to plan your finances.This is because construction often takes up more funds than are available to most of us.<embed alt="Screen Shot 2020-09-18 at 16.16.07-10.png" embedtype="image" format="fullwidth" id="857"/>Many sources of funds could be available to you :<ul><li>Your salary and other income </li><li>Your savings</li><li>Sacco funding</li><li>Bank Loan or Mortgage</li></ul><h4>BUT </h4>As you plan, you will need to take into account that you will need to budget for your family&#x27;s daily needs and cater for a large outflow of funds. For most of us the outflow of funds needed to keep the site running will exceed our inflow of funds.This makes it important to plan well, and look ahead to overcome this likely shortage of funds or to plan how you will build the <a href="https://www.inuua.net/plans/?house_type=jengapolepole">Jenga Pole Pole</a> way, stage by stage or phase by phase.Every Inuua residential building plan allows you to access a cost breakdown before you buy the plan to help you with your planning.This cost breakdown shows you the cost of materials and labour at every stage of your construction from foundation to painting.<embed alt="Screenshot 2020-09-22 at 7.52.05 PM.png" embedtype="image" format="fullwidth" id="858"/>Sample build cost breakdown for an Inuua PlanIn the simplified example below we can see the funds required to complete a 5.675m home,which has a Ground Floor, First Floor and Flat Roof Slab.We have taken an income of Kshs 200,000/- ( and not removed living expenses )<embed alt="Screenshot 2020-09-22 at 7.30.22 PM.png" embedtype="image" format="fullwidth" id="856"/>Here we can see that the outflow of funds for the various stages is considerably more than the income.To overcome this we can either borrow the funds, (with the associated interest costs) or build as and when we can afford, as most of us do.What often happens is we save up to finish the foundation, and stop the construction, we then go back to site when we have the funds to complete the GF slab, and then repeat the process.Without a bills of materials and labour ( BQ ), we don’t have the benefit of the cost breakdown to allow us to plan as shown above!At Inuua, we encourage you to look at the stages in the “Build Cost Breakdown” and how you plan to have the funds available to complete your beautiful home, as you buy the plan!At first it is easy to despair, but slowly and surely if you are determined and organise your finances you will find the way to build your beautiful home!

<div class="rich-text">As you start on your journey to build your home, it is important to plan your finances.This is because construction often takes up more funds than are available to most of us.<img alt="Screen Shot 2020-09-18 at 16.16.07-10.png" class="richtext-image full-width" height="710" src="https://inuua-staging.s3.amazonaws.com/images/Screen_Shot_2020-09-18_at_16.16.07-10.width-800.png?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIAXURR2KJD3QX5NYLZ%2F20261012%2Fus-east-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20261012T083248Z&amp;X-Amz-Expires=604800&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=8d695c4f301f865813a0a7693df951926542b1a1036c5f8191a28a3f49859f73" width="800">Many sources of funds could be available to you :<ul><li>Your salary and other income </li><li>Your savings</li><li>Sacco funding</li><li>Bank Loan or Mortgage</li></ul><h4>BUT </h4>As you plan, you will need to take into account that you will need to budget for your family&#x27;s daily needs and cater for a large outflow of funds. For most of us the outflow of funds needed to keep the site running will exceed our inflow of funds.This makes it important to plan well, and look ahead to overcome this likely shortage of funds or to plan how you will build the <a href="https://www.inuua.net/plans/?house_type=jengapolepole">Jenga Pole Pole</a> way, stage by stage or phase by phase.Every Inuua residential building plan allows you to access a cost breakdown before you buy the plan to help you with your planning.This cost breakdown shows you the cost of materials and labour at every stage of your construction from foundation to painting.<img alt="Screenshot 2020-09-22 at 7.52.05 PM.png" class="richtext-image full-width" height="764" src="https://inuua-staging.s3.amazonaws.com/images/Screenshot_2020-09-22_at_7.52.05_PM.width-800.png?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIAXURR2KJD3QX5NYLZ%2F20261012%2Fus-east-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20261012T083248Z&amp;X-Amz-Expires=604800&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=8f17b492f198f9853786ba4fc4682e957bdbc327c72729441c6e65f26b3821f0" width="800">Sample build cost breakdown for an Inuua PlanIn the simplified example below we can see the funds required to complete a 5.675m home,which has a Ground Floor, First Floor and Flat Roof Slab.We have taken an income of Kshs 200,000/- ( and not removed living expenses )<img alt="Screenshot 2020-09-22 at 7.30.22 PM.png" class="richtext-image full-width" height="671" src="https://inuua-staging.s3.amazonaws.com/images/Screenshot_2020-09-22_at_7.30.22_PM.width-800.png?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIAXURR2KJD3QX5NYLZ%2F20261012%2Fus-east-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20261012T083248Z&amp;X-Amz-Expires=604800&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=c44f73877a326eac8734a665707fdb8db69e20fe1af39ff8c13f0cb379cb68c6" width="800">Here we can see that the outflow of funds for the various stages is considerably more than the income.To overcome this we can either borrow the funds, (with the associated interest costs) or build as and when we can afford, as most of us do.What often happens is we save up to finish the foundation, and stop the construction, we then go back to site when we have the funds to complete the GF slab, and then repeat the process.Without a bills of materials and labour ( BQ ), we don’t have the benefit of the cost breakdown to allow us to plan as shown above!At Inuua, we encourage you to look at the stages in the “Build Cost Breakdown” and how you plan to have the funds available to complete your beautiful home, as you buy the plan!At first it is easy to despair, but slowly and surely if you are determined and organise your finances you will find the way to build your beautiful home!</div>

Planning your Finances

Many people have got in touch with us at Inuua about how they can get to building their own home.We we can help guide your thoughts as we work to help you reach , although we are not financial consultants.<embed alt="Screen Shot 2020-09-02 at 17.31.12.png" embedtype="image" format="fullwidth" id="862"/>The starting point would involve money and how much you can actually save towards this important goal.The questions that you need to ask include the following:A. How much do I earn after Tax?B. What do I need for current living expenses?This should include your rent, food, school fees and other family expenses.C. If you can do A minus B = free cash you have to invest in your home.This is the amount you can spare or save to buy a plot every month.It will require discipline to save this amount every month, but it will help you to build up towards having a deposit for a plot or home purchase.Be sure to save in a reliable SACCO or stable bank that sees your track record and that can help you with a small loan should you need it when you find a plot in an area you like.Also be careful when buying your plots as there are many con people around.Check documents very carefully and if in doubt don’t give your hard earned money.A search on the title at the local lands office can be difficult but is critical as it will show you the owner.Sometimes, unfortunately this may not be enough and it maybe worth asking around on the ground the history of ownership from neighbours on the plot etc.If you buy a plot you can then use <a href="http://www.inuua.net/">www.inuua.net</a> to build your home slowly.You can chose a plan and then manage your construction as well as, planning each month what you will need to buy to build for the next month and how you will pay for it.Slowly but surely you will then be able to achieve your dream to own your home.We hope this helps a little to guide you on your journey,

<div class="rich-text">Many people have got in touch with us at Inuua about how they can get to building their own home.We we can help guide your thoughts as we work to help you reach , although we are not financial consultants.<img alt="Screen Shot 2020-09-02 at 17.31.12.png" class="richtext-image full-width" height="399" src="https://inuua-staging.s3.amazonaws.com/images/Screen_Shot_2020-09-02_at_17.31.12.width-800.png?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIAXURR2KJD3QX5NYLZ%2F20261012%2Fus-east-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20261012T083248Z&amp;X-Amz-Expires=604800&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=15daf2e3bdf65b5026c0dcd59aadb90483931e08cb4780a085f6ee4166540157" width="800">The starting point would involve money and how much you can actually save towards this important goal.The questions that you need to ask include the following:A. How much do I earn after Tax?B. What do I need for current living expenses?This should include your rent, food, school fees and other family expenses.C. If you can do A minus B = free cash you have to invest in your home.This is the amount you can spare or save to buy a plot every month.It will require discipline to save this amount every month, but it will help you to build up towards having a deposit for a plot or home purchase.Be sure to save in a reliable SACCO or stable bank that sees your track record and that can help you with a small loan should you need it when you find a plot in an area you like.Also be careful when buying your plots as there are many con people around.Check documents very carefully and if in doubt don’t give your hard earned money.A search on the title at the local lands office can be difficult but is critical as it will show you the owner.Sometimes, unfortunately this may not be enough and it maybe worth asking around on the ground the history of ownership from neighbours on the plot etc.If you buy a plot you can then use <a href="http://www.inuua.net/">www.inuua.net</a> to build your home slowly.You can chose a plan and then manage your construction as well as, planning each month what you will need to buy to build for the next month and how you will pay for it.Slowly but surely you will then be able to achieve your dream to own your home.We hope this helps a little to guide you on your journey,</div>