DomoGeo provides affordable, quality, eco-friendly modular structures that are easy to install and can be used for multiple purposes.
Our inclusive business model caters to a mixed client base with different requirements. Our approach is commercial, but we achieve significant social impact by integrating:
– a “high touch, high value” low-income customer base that requires financing, awareness outreach, and income-generation; and
– a ”low touch, high return” middle-class and institutional client base that delivers high operating margins
Our flexible designs and modular structures can be incrementally built and used as:
– extensions to existing buildings
– mix-use and commercial spaces that generate income
– dormitories and work-force housing
– roof-top terraces in metro areas
– eco-villas for tourism
Our innovative, sustainable technology reduces construction cost by 20% + and building time by 80%. Our designs support incremental build and home-based micro enterprises, so the place can pay for itself.
We use durable, sustainable, modular components made of engineered composites that adhere to safe building standards, are fire retardant, and can withstand winds of 127mph and earthquakes of 8.5. Unlike traditional cement and brick, our construction technology uses minimal water, leverages renewable resources and preserves fertile earth.
For low-income families, our unique financing product, offered through partner financial institutions (FIs), provides 1-3 year loans (and gains entry to a 7.8 million customer base in India and Bangladesh alone).
To learn more about each client base, and the innovative solutions we provide, see the tabs below.
Never before in history has the world witnessed such a rapid growth in urbanization. With 1 billion people living in substandard housing, and thousands joining them every day, we are sitting on a social time bomb. In India and Bangladesh alone, 108 million houses are built from temporary materials, and there is an additional housing shortage of 32 million — predicted to double by 2030. Real estate developers, governments and NGOs cannot scale to fill this gap.
In the developing world, decent, affordable housing and productivity are inextricably linked. Manufacturing companies, mining companies, NGOs, and small to medium size builders need to speedily build cheaper, safer, healthier workplaces, housing or workforce accommodation to grow their businesses. We can provide them.
The working poor also need cheaper, safer, healthier places to work and live. We can provide them. Most of our individual target market families are currently living in self-built, substandard housing without access to clean water or sanitation, and often in severely overcrowded conditions. All of this leads to greater disease, loss in productivity and lower income; perpetuating the cycle of poverty and vulnerability from generation to generation. Based on UN figures, substandard housing in South Asia costs $50 billion annually in disease, loss of productivity and income.
DomoGeo can help both individuals and institutional clients secure a place to work, live and make money.
We serve a variety of institutional clients that are seeking to speedily build quality, affordable, safe, durable and healthy structures. Manufacturing companies, mining companies, NGOs, garment factories, and small to medium-sized builders can use our modular designs to provide to be used as workplaces, workforce accommodation, housing or housing extensions.
Our preliminary target customer base consists of low to middle income periurban families who are making $5-15/day. They are employed (waged or semi-formal) and have an existing relationship within an MFI, or have credit history with a financial institution. They want to generate income and accumulate assets. They want to incrementally build their home. They don’t want long-term loans and over indebtedness. They want a multi-purpose house, where they can generate income from the use of home so that they will minimize the net new spend on housing.
Our customizable and portable multi-purpose designs provide dwelling spaces that can be constructed as vertical extensions on existing homes, or as freestanding houses. They are designed to accommodate home-based microenterprise and rental activity. This integrated multi-purpose design enables the home to self-finance itself through additional income. Our vision is to drive our costs down to $5/sq. ft., making it possible for working families to buy a quality, sustainable, $500 house.
DomoGeo can double the disposable income of a hard-working family and significantly accelerate their asset-building rate in just four years.
DomoGeo aims to lower the major financing and affordability obstacles through:
On top of that, our social impact investors receive attractive returns, coupled with deep social impact, through high volume sales in a scalable venture. Our timelines and capital requirements are a fraction of traditional real estate development companies.