Fara is a platform that makes it simple for people in the diaspora to manage and fund property development projects back home. It allows you to send money in USD, convert it into local currencies, and allocate it to multiple project wallets. Each wallet can be used to pay vendors, record expenses, and track progress in real time.
Fara’s mission is to bring trust, transparency, and control to diaspora-funded projects. Too often, people struggle with unclear expenses, delays, or mismanaged funds when building from abroad. Fara was created to solve this by providing a single place where you can monitor budgets, manage payments, and ensure every dollar goes exactly where it should.
Sign up on the Fara platform with your email and password.
Verify your details to activate your account.
Your Main Wallet is created automatically when you register.
All funds you add to Fara first appear here before being distributed to project wallets.
Create project wallets to manage specific developments or expenses.
Each wallet can be assigned a budget, currency, and project stage.
Track spending per project for better visibility and control.
Fund your Main Wallet through methods such as bank transfer, card, or mobile payment.
Always include the unique reference code provided when making a payment.
Once the Main Wallet is funded, move money into project wallets as needed.
Record expenses directly in project wallets.
Tag each expense to a project stage or category.
Upload receipts or notes for full documentation.
Generate reports to see how funds are being used.
Filter by project, wallet, stage, or time period.
Export reports for easy sharing with stakeholders.
Keep all project funds in the Main Wallet until you are ready to allocate them.
Regularly check reports to stay on top of budgets.
Always double-check reference codes when funding your account.
Q: Do I need to set up the Main Wallet manually?
A: No, it is created automatically when you sign up.
Q: Can I manage multiple projects at once?
A: Yes, you can create and track multiple project wallets under the same account.
Q: How do I know my funds are secure?
A: Fara uses secure payment channels and account verification to keep your funds safe.