Managing multi-tenanted estates is like conducting an orchestra – ensuring everything runs smoothly while juggling multiple responsibilities. A key challenge is maintaining financial stability while delivering uninterrupted services. Stima Village in Syokimau, south of Nairobi, has tackled this through technology.

Stima Village Overview

Stima Village is a 76-unit residential estate in Syokimau, 3.5 kilometers from Mombasa Road. It features shared facilities like a gym, swimming pool, landscaped gardens, playground, shopping center, borehole water supply, sewer treatment plant, and perimeter walls.

The Challenge

– Delayed Service Charge Payments: Late payments disrupted operations and financial planning.  

– Utility Costs: High electricity costs for borehole water pumping burdened the estate.  

– Lack of Tracking Systems: The absence of a proper accounting system led to financial inefficiencies. 

The Solution

In late 2022, Stima Village adopted Venco’s property management platform, yielding significant results:  

– Automated Billing and Payments: Service charge collection became seamless, reducing delays.  

– Smart Prepaid Meters: These minimized water waste and electricity costs, as residents paid for individual usage.  

– Revenue Tracking: Real-time data enhanced transparency in financial management.  

– Streamlined Communication: Automated notifications improved resident compliance. 

The Result

Venco’s platform transformed Stima Village, improving financial transparency, operational efficiency, and resident accountability. The integration of smart meters, automated billing, and communication tools created a sustainable, enhanced living experience.

Experience Peace Of Mind With Venco

Venco serves over 34,000 residents across 23,000 units in Ghana, Kenya, and Nigeria, providing transparency and simplicity. Learn more at http://www.venco.africa/switch or email operations@venco.africa.