Housing & Finance - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Ruto cuts housing deposit from 10% to 5%, urges workers to register on Boma Yangu

Sacco ReviewMay 1, 202603 mins

President William Ruto has announced a reduction in the deposit required for affordable housing units, lowering the rate for salaried workers from 10 per cent to 5 per cent of a unit’s value. Speaking during the 2026 Labour Day celebrations in Vihiga County, President Ruto said the move is aimed at easing access to home…

KCB unveils mortgage solution to unlock home ownership for Kenya’s informal sector

Sacco ReviewMay 1, 202604 mins

KCB Bank has launched a groundbreaking mortgage product targeting Kenya’s informal workforce, a move expected to expand access to affordable housing and reshape the country’s mortgage landscape. The new facility, offered at a single‑digit interest rate, is tailored for SMEs, artisans, boda boda operators, gig economy players, and digital content creators whose income streams are…

AMG Realtors LTD group during a past event in Nairobi.

How Kenya’s Real Estate Sector is evolving, driving country’s economic growth

Sacco ReviewApril 17, 202606 mins

Kenya’s real estate sector continues to thrive, driven by visionary companies that combine trust, innovation, and consistent delivery. The sector has grown from just selling property to creating trust, vision and leaving a huge impact across many sectors. The real estate sector is evolving through technological integration a strong focus on sustainability, and shifts in property…

Mwalimu National Sacco Nyahururu Branch. Photo/ File

Why Saccos lead banks in land and housing financing in Kenya

Sacco ReviewApril 14, 202607 mins

Savings and Credit Cooperative Societies (Saccos) continue to offer a viable, more affordable, alternative to commercial banks for land and housing financing in the country. Data from Sacco Societies Regulatory Authority (Sasra) Regulated Saccos shows they cumulatively disbursed over Ksh125 billion in credit for land and housing during 2025, with most of the loans being…

Kindiki urges Africa to embrace Kenya’s affordable housing model

Sacco ReviewApril 12, 202606 mins

Deputy President Kithure Kindiki has called on African nations to draw lessons from Kenya’s Affordable Housing Programme, describing it as a transformative initiative aimed at delivering dignified and affordable living spaces for millions of urban residents. Speaking during the closing ceremony of the 2nd Africa Urban Forum held at the Kenyatta International Convention Centre (KICC)…

Imarika DT Sacco headquarters in Kilifi County on

Imarika Sacco assets hit Ksh16.1 billion as performance surpasses targets

Sacco ReviewApril 8, 2026May 7, 202605 mins

Imarika Sacco, one of Kenya’s fastest-growing cooperatives, has once again recorded strong financial performance, posting total assets of Ksh16.1 billion in the year ended 31st December 2025. The Sacco also reported increased member deposits, which rose to Ksh10.5 billion against a target of Ksh10.6 billion falling short by Ksh100 million. In contrast, loans and advances…

Parliament approves KSh25 billion to rescue affordable housing projects at risk of stalling

Sacco ReviewApril 7, 202603 mins

More than 1,700 affordable housing units that were on the verge of stalling will now proceed after Members of Parliament approved KSh25 billion to unlock funds previously tied up in Treasury Bills. The allocation, passed under Supplementary Estimates I for the 2025/26 financial year, is expected to ensure contractors are paid and ongoing projects remain…

Tension grips Imani Estate in Ruiru as residents face possible eviction

Sacco ReviewJanuary 23, 2026January 24, 202608 mins

Tensions have heightened at the 600-acre Imani Estate in Ruiru, Kiambu County with residents living in fear of eviction from the posh location. The Sh 10 billion property located along the Ruiru – Githunguri road has been at the center of a bitter dispute between the family of former spy chief, the late James Kanyotu…

Kenya’s housing and property sector evolves into a key driver of national development

Sacco ReviewDecember 21, 202506 mins

Kenya’s housing and property sector continues to thrive, driven by visionary companies that combine trust, innovation, and consistent delivery. The sector has grown from just selling property to creating trust, vision and leaving a huge impact across many sectors. The real estate sector is evolving through technological integration, a strong focus on sustainability, and shifts…

Government scraps affordable housing deposit for low-income Kenyans to boost homeownership

Sacco ReviewDecember 20, 2025December 20, 202504 mins

Low-income Kenyans earning Sh20,000 or less will now access houses under the Affordable Housing Programme without paying an upfront deposit, following a government waiver designed to ease barriers to homeownership. Housing Principal Secretary Charles Hinga said the policy targets households that can afford monthly repayments but struggle to raise lump-sum deposits. He explained that while…