Fund Egypt's rent, upfront.
We're raising $500K to fund rent advances for homeowners in Cairo and Giza. Each advance is a short, owner-backed receivable: we pay 90 today and collect 100 over the next three months.
Raising
$500K
Deployed into owner rent advances
- Net per deal, after credit loss
- 8.9%
- Cycle length
- 3 months
- Return a year · first deal / renewal
- 57% / 67%
- Credit-loss provision per deal
- 3.5%
Figures from Badri's Oct 2026 model, in EGP. Projections, not guarantees.
As a homeowner you sign for a year, but get paid one month at a time.
Homeowners
No clean way to get the year's value sooner — for renovations, another unit or an emergency.
Renters
Already pay monthly, and it works. Only some landlords ask for a lump sum.
Provide Owners with up to 6 Months of Rent, Upfront!
-
01
The owner adds the lease
Owner applies in our app for one property or more.
-
02
We verify the contract
One house visit: lease, ownership and occupant verified.
-
03
We pay the owner
3 to 6 months' rent in one payout at a fixed discount: 90 for every 100, less a 1% fee on 3-month advances.
-
04
Tenant pays monthly
Same amount, same date — by payment link, InstaPay or bank transfer.
≈ EGP 40bn of rent a year.
~980k old-rent homes in Cairo and Giza move to market rents by 2032, and rents are rising ~15% a year.
An assignment of rent, paid early at a fixed discount
The owner contract
- Assignment of rent receivables (حوالة حق)
- Early payout based on the lease rent
- Discount fixed in our contract
- 1% management & operations fee, on 3-month advances only
- No late fees for the owner
Our vocabulary
- Badri
- The product
- Early payout
- Lease rent less the contract discount
- Management fee
- The 1%, charged on 3-month advances only
- Reschedule the advance
- What happens when a tenant leaves
- Late-payment penalty
- Paid by the tenant
We pay 90 today and collect 100.
One 3-month advance, funded by investors.
Once we collect month 1, the owner can draw month 4 — so capital comes back monthly and goes straight back out.
| EGP | First deal |
|---|---|
| Rent assigned (3 months) | 62,500 |
| Paid to owner (10% discount, 1% fee) | 55,625 |
| Gross margin | 6,875 |
| Credit loss (3.5%) | −1,947 |
| Net to investors | 4,928 |
| Net on capital | 8.9% |
| Return a year (first deal / renewal) | 57% / 67% |
First deal averages funding days under the skip rule. Renewals start on a full cycle.
What $500K does in a year.
Collections come back every month and are redeployed into new advances. Change the assumptions to stress-test the model.
Projected return over 12 months (EGP)
67.0%
- Capital in EGP
- 25,000,000
- Net per deal on capital
- 8.9%
- Advances funded in the year
- 0
- Paid out to owners in the year
- 0
- Capital + profit after 12 months
- 0
In USD, after EGP depreciation
| EGP falls vs USD by | USD return | USD value |
|---|
Illustration only. Assumes full deployment (enough qualifying owners), monthly collections redeployed immediately, and returns before Badri's operating costs, taxes and fund expenses. Returns are earned in EGP. 4–6 month pricing is proposed. Capital is at risk.
Annualized, our price is about 4× a bank loan.
One basis
Annualized return on the capital we deploy, fee included.
Never quote an annual rate
Sell speed and access: no salary transfer, no collateral.
Who qualifies, & how exposure grows
To qualify
- Lease active for 3 to 6 months first
- One house visit verifies the contract and occupant
- Owner ID, lease and phone checked in-app
- Owner stays liable for the rent
One clean cycle moves an owner up a tier.
Three ways for the tenant to pay, one reminder schedule
- −3 daysReminder before due date
- DueReminder on the day
- +3 daysLate reminder
- +7 daysLate reminder
- +15 daysMeeting with the owner on next steps
The lease's own late-payment penalty passes to us with the assignment and is collected from the tenant. Owners never pay a late fee. Top-ups freeze at the first miss.
The owner has around 60 days to find a new tenant.
A fixed clock keeps owner recourse from becoming open-ended risk.
Owner commits to finding a new tenant.
We reschedule the advance while the owner re-lets.
Collections resume on the new lease.
Owner repays via a set plan, or we deduct from future payouts.
Decisions to close before launch
| Item | Current proposal |
|---|---|
| 4 to 6 month discounts | 12.5% / 14.5% / 16% |
| Payout timing | Skip to the next full cycle |
| Top-up pricing | 10% per month, floor 6.5% |
| Credit loss | Set from pilot data (now 3.5% per deal) |
| Sharia review | Sign-off on حوالة حق at a discount |
| Late-payment penalty | Kept as cost recovery, or donated |
| After the day-15 meeting | Owner covers the month, or the 60-day clock starts |
| VAT and card fees | VAT on the 1% fee; who bears card fees |
| 48-hour target | Initial approval only |
| Year-1 targets | Units, capital paid out, cities, launch dates |
Request the investor deck
Tell us a little about you and we'll send the full model and set up a call with the founders.
We'll email you the investor deck and model within two working days.