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Originally published by The Standard Business
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August 3, 2026
2h ago

Sacco unveils affordable home loans

Sacco unveils affordable home loans

Kimisitu DT Sacco in partnership with Kenya Mortgage Refinance Company (KMRC) has unveiled an affordable mortgage products to support its members towards homeownership...

✨ Key Highlights

Kimisitu DT Sacco, in partnership with Kenya Mortgage Refinance Company (KMRC), has launched affordable home loan products aimed at enabling members to achieve homeownership.

  • Eligible members can access mortgage financing of up to Sh10.5 million at an interest rate of 9 per cent per annum, with repayment periods of up to 25 years.
  • The new mortgage product offers a single-digit interest rate, a historic first for Kimisitu DT Sacco.
  • The initiative seeks to support members' borrowing capacity through a loan multiplier of up to seven times their deposits and aligns with Kenya's affordable housing agenda.

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