For the last two decades, nonprofit Rainbow Housing Assistance Corporation has been helping tenants via a service-based housing model, leveraging both onsite resident service coordinators and technology-based solutions. But during a pandemic when job security fluctuates, additional services are needed.

In partnership with the financial technology platform Esusu, Rainbow can now help a tenant’s economic hardship by bridging default payments with no-interest loans through its partner developers.

“We’re incredibly excited to partner with Rainbow to help keep residents in their homes during these difficult times. This partnership merges Rainbow’s exemplary on-site services with Esusu’s microloan offerings, predictive analytics, and rent reporting program to help tenants establish and improve their credit profile and financial stability,” said Abbey Wemimo, co-founder and co-CEO at Esusu.

Esusu technology supports financial inclusion and credit building through rent reporting and strategic microloan efforts.