AfDB - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

BDO India, EACREEE win AfDB deal for KTDA energy study

Sacco ReviewSeptember 2, 202604 mins

AfDB awards a clean energy feasibility study contract for KTDA facilities. The six month study will assess viable renewable energy options. BDO India and EACREEE won the contract through competitive bidding. The African Development Bank (AfDB) has awarded a consultancy contract to BDO India Services Private Limited, working in consortium with the East Africa Centre…

KMRC disbursed Sh2.75bn for home loans in 2020

Sacco ReviewJuly 15, 2021July 15, 202105 mins

By Malachi Motano The Kenya Mortgage Refinancing Company (KMRC) disbursed Sh2.75 billion in 2020 to participating primary mortgage lenders (PMLs) in its debut lending since it was established. “That amount was part of Sh4.5 billion mortgage loan portfolios available for immediate refinancing to participating financial institutions. We (KMRC) are drawing down funds from both the…

Sh2.75bn boost for housing projects

Sacco ReviewFebruary 22, 2021February 22, 202106 mins

By Roy Hezron Stima and Tower Saccos are among the first four Primary Mortgage Lenders (PMLs) to benefit from the Sh2.75 billion Kenya Mortgage Refinancing Company (KMRC) kitty. The disbursement done on 17th December 2020 saw Nyandarua based Tower Sacco which is a get Sh29 million while Stima Sacco got Sh69 Million. The two Saccos…