By Jeff Kizzilah
Africa ‘s largest sacco in patnership with Kenya Mortgage financing company unveils affordable housing loan for all.
The mortgage facility will assist members acquire ready houses for a long term facility repayable up to 308 months.
Cabinet Secretary for Cooperatives and Micro Medium enterprose speaking during the launch said this is a big milstone to the people of kenya and the sacco members.
He said,as government the sacco is leading by example towards the government plans target of 250,000affordable houses.
According to the Mwalimu Sacco CEO Mr. Kennedy Odhiambo with the expanding membership this product will go a long way in changing the lives of the sacco members at a competative rates.
“The affordable housing mortgage loan facility is at a competitive single digit pricing from an amount of 500,000 to 8 million to own your home across the county,” Mr Odhiamo has added.
Mr. Odhiambo said that they are many opportunities and game changer product.