Better Housing Finance Solutions

Driving Access to Housing Finance and Opportunity

Overview

Risima, as a Development Finance Institution, is a strategic implementing agent of the Limpopo Economic Development Agency (LEDA) and is mandated to enhance the developmental impact of LEDA’s programmes while contributing to the profitability and financial sustainability of the LEDA Group. Risima’s core mandate is derived from Section 4(1) of the Limpopo Economic Development Agency Act 5 of 2016.

In support of Section 4(1) of the Limpopo Economic Development Agency Act (Act 5 of 2016) (LEDAA), the Risima Memorandum of Incorporation reflects the objectives of the company as:

Learn more

Providing affordable housing loan facilities and property development finance to beneficiaries within the province in both rural and urban areas.

Providing housing and related opportunities to boost the construction industry.

Creating shareholder value and facilitating employment creation and economic growth in Limpopo.

Supporting the development of sustainable human settlements (as now defined in the Breaking New Grounds Strategy and the National Housing Code Principles); and ensuring the economic, social, and environmental sustainability of Risima.

As a key enabler of spatial transformation and economic participation, Risima is strategically positioned to bridge the housing finance gap, facilitate access to homeownership, and promote human settlements development.

Our Vision

To be an institution of choice in providing sustainable housing development and housing finance related credit products

Our Mission

To provide access to housing, home loan finance, and related services in both rural and urban areas.
To provide housing development and finance that contributes towards socioeconomic development and growth; and
To facilitate property development finance and provide related services.

Guiding Principles for Lasting Impact

Our Values

Guiding every decision and action, our values reflect our commitment to integrity, innovation, and inclusive housing solutions.

Our Accolades

Accountability

To take responsibility for one’s actions and demonstrate the obligation to account for one’s actions.
To be considerate of the impact of what we do on society and communities, as well as the impact on the environment – a focus on sustainability in all we do.

Excellence

To be results-oriented, cost-effective, and committed to superior performance.
To strive for client/stakeholder satisfaction.
To seek new and improved ways to do what we do, and to innovate and constantly strive for improvement.

Integrity

To be professional, commit to ethics and focus on justice and fairness.
To be honest, trustworthy, and do what we say we will do.

Transparency

To act openly and transparently.
To be willing to share appropriate information and skills for the betterment of others.
To be willing to share appropriate information and skills for the betterment of others.

Diversity

To display respect for different cultures and different perspectives.
To encourage different views and display tolerance for others.

Awards & Accolades

Govan Mbeki award for Best Housing Finance Institution in Limpopo in 2017 and 2018
Provincial Productivity SA award– Public Sector 2018
National Productivity SA Finalist Award – Public Sector 2018
LEDET Clean Audi Award 2023