Our Partners
Bitprop
Bitprop, established in early 2019, partners with South African township homeowners to transform underutilised backyard spaces into income-generating rental units. By providing the investment and operational expertise, Bitprop enables property owners to develop rental flats on their land, creating sustainable revenue streams and significantly increasing property values. This model not only offers homeowners immediate financial benefits but also contributes to addressing housing shortages in townships.
Why Guldhjulet Invests in Bitprop
Tangible Social Impact: Bitprop empowers homeowners to become property entrepreneurs, fostering economic independence and uplifting communities. Homeowners experience a immediate increase in monthly earnings that more than doubles the income of homeowners on South African state pension. After 10 years of partnership, the monthly income boost increases to 4-5 times the original amount, ensuring long-term financial stability for the homeowner.
Proven Business Model: With a successful proof of concept in Khayelitsha, Cape Town, Bitprop has demonstrated the scalability and effectiveness of its approach.
Alignment with Guldhjulet's Mission: Bitprop's focus on social entrepreneurship and sustainable development resonates with Guldhjulet's commitment to investing in ventures that drive measurable social change.
Read more
Bodil
Most young families in Sweden would like to own their homes, but for the majority, high down payments make it unrealistic without parental help. Thus, a class gap emerges, some have parents who can help with the down payment, and some don’t. Bodil's rent-to-own model lets families, that are otherwise excluded from home ownership, move into their ideal home while saving for the down payment and purchasing it when they're ready. Bodil bridges the gap between renting and owning.
Why Guldhjulet Invests in Bodil
Tangible Social Impact: Bodil empowers families to become property owners and move into homes that fit their needs.
Proven Business Model: With a successful proof of concept in several larger cities in Sweden, where the challenge to buy a home is the greatest, Bodil has demonstrated the scalability of its model
Alignment with Guldhjulet's Mission: Bodil promotes socioeconomic inclusion and helps reduce geographic segregation. This resonates well with Guldhjulet's commitment to investing in ventures that drive social change.
Read more
Earlier partnerships
As you might know, Guldhjulet started out by giving grants to organisations battling violence and segregation. Please click below to find the full list of winners.