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Originally published by The Standard Business
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October 1, 2025
6h ago

Co-op Bank backs young developers with Sh110m financing

Co-op Bank backs young developers with Sh110m financing

The partnership entered a new phase with the groundbreaking of the Seven Oaks School, the educational anchor for the development, marking the start of Phase 4...

✨ Key Highlights

Co-operative Bank of Kenya has provided a Sh110 million financing facility to Eboss Investments Company, a youth-led real estate developer, to expand their mixed-use development in Ruiru.

  • The financing will support the development of Seven Oaks School, a British-curriculum institution, as the anchor for a gated community project.
  • The package includes an Sh80 million mortgage for the school and an Sh30 million revolving term loan for phased development.
  • Eboss Investments successfully delivered Phases 1-3 since 2018 using family resources and buyer deposits, which was crucial for securing the bank financing.

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