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Originally published by The Standard Business
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September 10, 2026
4h ago

Making mortgages work for Kenyans: A practical path through partnerships and patient capital

Making mortgages work for Kenyans: A practical path through partnerships and patient capital

High land costs, costly titling processes, and regulatory frictions all compound the problem, inflating the final price of housing. Demand is not absent; it is simply priced out...

✨ Key Highlights

Kenya's housing affordability crisis is driven by systemic issues in the mortgage market, not just a lack of supply, preventing most citizens from owning homes.

  • 85% of formally employed Kenyans earn less than the Sh100,000 monthly installment required for average mortgages.
  • Key organizations like Stanbic Bank Kenya, Central Bank of Kenya, and KMRC are involved in addressing the issue.
  • Employer-bank housing schemes, like the Safaricom Kikao initiative, offer a practical solution through preferential staff mortgage terms.

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