Abuja
BOIS Estate
Affordable two-bedroom town houses with two living rooms, in a gated estate in Abuja.
UK-registered investment cooperativeBuild Nigeria’s homes.
Build Nigeria’s homes.
Share the returns.
Members in the UK pool investment capital. It funds mass housing in Nigeria, built by a workforce we train. You get a financial return — and a social one you can count.
01 — The model
Two companies, one chain of value
The hardest thing to understand about UK ULDA is that there are two entities. Your capital, our trained workforce, delivered housing.
- United Kingdom
Members’ capital
ULDA & PARTNERS COOPERATIVE LTD is the cooperative you join. It raises member subscriptions in the UK and approves the business case for every project in London before a penny is disbursed.
- Nigeria
ULDA’s trained workforce
Universal Learn Direct Academia Ltd, registered separately with Nigeria’s Corporate Affairs Commission, trains the builders and executes the work.
- The return
Housing, and two kinds of profit
Completed homes go to offtakers, many pre-qualified for mortgages. Members receive a financial return, and a social return measured in people trained and employed.
Our mission and vision
Our mission
We are a cooperative society of like-minded real estate social investors who, while seeking legitimate and competitive profits from our investments, wish to see a matching social profit — skills and enterprise empowerment, affordable mass housing, and infrastructure — accompany the use of our investment funds.
Our vision
To create an innovative value chain of construction skills empowerment and real estate and infrastructure value creation, which gives an impressive return on investment to the investors behind the projects.
02 — Projects
What member capital is building
Three developments, each with its own page: specification, gallery and walkthrough.
Mende Maryland, Lagos
Caneville Estate
Luxury four-bedroom houses with two living rooms in Mende Maryland, Lagos.
03 — Why join
Four reasons to be part of UK ULDA
A cooperative is a commercial enterprise owned and run jointly by its members, who share the profits or benefits. In the tradition of the cooperative founders, members hold to the ethical values of honesty, openness, social responsibility and caring for others.
The relationship with ULDA
A cooperative that owns its delivery route. ULDA trains the workforce and executes the builds, so funding and capability sit inside one chain rather than being contracted out.
Objectives no individual could reach alone
Pooled member capital funds developments at a scale that no single member could finance, and buys the professional oversight that goes with them.
Access to vital resources
Members reach land, trades, professional expertise and institutional relationships through the cooperative that would be slow and costly to assemble individually.
Investment secured by contractual offtakers
Developments are undertaken against contracted offtakers — buyers lined up in advance, many pre-qualified for mortgages through member banks of the Mortgage Banking Association of Nigeria.
Integrity
The constitution is published in full and the register entry is a link away.
Trust
One member, one vote — entrenched, so changing it needs every member.
Profit
Every project carries a business case before any funds are released.
Growth
Skills that outlast the build: trainees become artisans, artisans become employers.
04 — Membership
What membership gives you
£100 a month, minimum — up to £500
A social investment vehicle
Funds invested for financial profit, directed at projects that also produce a measurable social result.
A route to owning property
Own your own home, or grow an existing portfolio, on developments you helped fund.
Institutional relationships
The cooperative’s standing with mortgage banks, skills agencies and employer bodies.
What the constitution fixes
- Art 7
A monthly subscription of £100 to £500. Read it
- Art 44
One member, one vote. Entrenched — altering it needs 100% of members. Read it
- Art 4
Funds restricted to Nigerian real estate, for profit, exclusively with ULDA. Read it
- Art 12
Every application is approved by the directors. Read it
- Art 17
Resign in writing to the Secretary at any time. Read it
All 118 articles are published here, searchable and individually linkable. Read the constitution.
05 — Social return
The profit that does not show up on a balance sheet
Every project business case states its social return alongside its financial one. These are the four things we count.
Youths trained
How many young people complete construction-trade training on projects funded by member capital.
Artisans upskilled
How many working artisans move up a skill grade, and into gainful employment, through the projects.
Jobs created
Direct and indirect employment generated by each development, counted in the project business case.
Homes delivered
Completed units handed to offtakers - the financial and the social return arriving together.
06 — Partners
Who we work with
A delivery partner in Nigeria, two government skills agencies, an employers’ body, a mortgage banking association and a trade association.
Professional bodies and standards
The engineering institutions, regulators and construction standards that UK ULDA and its project professionals work to and with.
Put your capital to work where it builds something
Membership starts at £100 a month. Your contribution is pooled with other members, invested in housing projects approved in London and built in Nigeria, and measured on both financial and social return.