South Africa’s affordability squeeze is driving structural demand for value retail, second-hand goods and short-term secured credit — the second-hand and pawn markets are large, fragmented and under-served by a modern, data-driven operator. ReclaimHub Retail Group captures this as a multi-channel circular-economy retail and secured-lending platform: a store network that pairs a refurbishment-led second-hand offer with disciplined pawn lending, where loans are advanced at a conservative fraction of assessed resale value so that forfeitures convert into saleable inventory. An R2.4-billion raise (equity and term debt, including an R1.4 billion equity tranche), together with a secured pawn-warehouse facility scaling to approximately R2.85 billion, funds the rollout to 350 stores over 2027–2031 — growing revenue from R220 million to R5.7 billion and the pawn loan book to roughly R3.8 billion — delivering an equity IRR of about 58% in the normalised base case and 46% in the downside, across a 6.0×–7.5× exit range. The plan is candid about its structure: the R2.4 billion raise does not fund the loan book (the separate secured warehouse does), and modelled debt-service cover is below 1.0× in the first three years (four in the downside) before strengthening — a profile the plan sets out plainly for lenders.