Strengthening Real Property Rights with Technology.
Formal documentation of property rights provides individuals with security, access to financial services and the ability to transfer rights. Families living in poverty use this economic boost to make home improvements, send children to school and invest in small businesses for financial stability. Despite the tranformational potential of property rights formalization, 140 countries do not have effective property administration systems, and only 25 percent of the world’s estimated 6 billion land parcels are formally registered.
Incubated under the auspices of the Harvard Innovation Lab, Mercy Corps and Habitat for Humanity, Suyo was designed to generate social and economic opportunities for low income families through property rights formalization.