T
Originally published by The Kenyan Wall Street
📰 Read Full Article
business
October 6, 2025
3h ago

Co-op Bank Backs Ruiru School Project with KShs 110 Million Financing

Co-op Bank Backs Ruiru School Project with KShs 110 Million Financing

Co-op Bank has extended KShs 110 million in debt financing to Eboss Investments Company to fund the construction of Seven Oaks School in Ruiru..

✨ Key Highlights

Co-operative Bank of Kenya has provided KShs 110 million in debt financing to Eboss Investments Company for the construction of Seven Oaks School, a new British-curriculum institution in Ruiru's Brookview Membley. This financing supports the educational anchor of a larger 143-unit mixed-use development.

  • The financing includes an KShs 80 million mortgage for the school's construction and an additional KShs 30 million revolving term loan for finishing housing units.
  • Vincent Kihara, Head of Mortgage Finance at Co-operative Bank, emphasized the bank's confidence in Eboss Investments' track record.
  • Geoffrey Gitaka, Director at Eboss Investments, highlighted the partnership's crucial role in realizing their vision, stating it has grown "beyond financing."

Continue Reading

Read the complete article from The Kenyan Wall Street

📰 Read Full Article

Related News