Grupo SCI, which stands for Sistema de Compra Invertida, was founded to provide an alternative to traditional mortgage-based home buying in Spain. The company's mission is to facilitate access to housing by offering a collaborative and planned savings model. Clients join a cooperative and contribute a monthly amount. Through a system of adjudications, members are awarded the right to a property once they have saved a certain portion of its value, which they then continue to pay off over time without interest from a traditional bank. This model is designed for individuals who may struggle to meet the stringent down payment and financing requirements of conventional banking institutions.

Founded in

Argentina