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Originally published by The Standard Business
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October 23, 2025
4w ago

Saccos target low-end home buyers with new products

Saccos target low-end home buyers with new products

KMRC offers loans to financial institutions at single-digit rates, which are then extended to customers seeking to own homes...

✨ Key Highlights

Saccos are increasingly targeting low-cost home buyers with new products, prompted by significant demand. Tai Sacco, for instance, experienced rapid uptake for its Makao mortgage product, leading to liquidity challenges due to overwhelming demand.

  • In three months, Tai Sacco disbursed Sh100 million for its Makao mortgage product.
  • The chief executive of Tai Sacco, John Mwangi, noted liquidity challenges due to the high demand.
  • The strong demand indicates a significant market for affordable homeownership solutions from Saccos.

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