T
Originally published by The Standard BusinessSeptember 17, 2026
3h ago
Mortgage lenders look beyond payslips to expand Kenya's housing market

KMRC chief finance officer Nyale Yanga called for the use of alternative credit scoring models that consider non-traditional data such as rental payments or utility bills to assess creditworthiness..
✨ Key Highlights
Kenyan mortgage lenders are exploring new strategies beyond traditional payslips to address the country's significant housing shortage, estimated at 2 million units.
- The informal sector employs 18.1 million Kenyans, representing a key demographic for potential homeowners.
- The average mortgage size currently stands at Sh9 million, highlighting a gap in affordability.
- Lenders are looking to innovate to make housing more accessible to a broader segment of the population.
Continue Reading
Read the complete article from The Standard Business


The Online Kenyan Android App
Kenya's news, briefed daily
Daily Briefs with audio, your topics, and breaking stories.
Get the Kenyan News appFree Android app on Google Play


Related News


The Online Kenyan Android App
Take Kenya's news with you
Breaking stories, daily briefs, and the topics you follow - on your phone, free.
Get the Kenyan News appFree Android app on Google Play









