Diaspora Mortgage Fund I

A pooled fund originating dollar-denominated mortgages to Ghanaian diaspora buyers purchasing at home. Lower yield than the direct assets, but diversified across 180 loans rather than one building.

Target net yield

9.2%

per annum

Distribution

Quarterly

in USD

Minimum

$500

at $1.00 / token

Eligibility

All tracks

retail caps apply

Exit

Qtly window

at recorded NAV

Lock-up

12 mo

before transfer

THE ASSET

Loans originated180

Average loan$96,000

Weighted LTV61%

Arrears above 90 days4.2%

Reserve held6.6 months

PROJECTED NET INCOME PER $1,000

Exit

Assumes a 4% annual default rate and 60% recovery on defaulted loans.