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

Sacco records could unlock housing loans for Kenyans

Sacco ReviewAugust 26, 202607 mins

Mobile money and Sacco records could help informal workers qualify for housing loans Government targets a major expansion of Kenya’s mortgage market Lenders push for wider financing options to turn affordable housing projects into home ownership Millions of Kenyans working outside formal employment could soon have a better chance of accessing affordable housing loans if…

Bill seeks faster loan recovery for affordable housing

Sacco ReviewAugust 3, 202604 mins

Affordable housing bill proposes cutting loan default notice from 90 to 45 days and property sale notice from 40 to 20 days. MPs have raised concerns that the shorter timelines could expose borrowers to faster foreclosures and reduce protections. National Assembly committees are reviewing the proposal, with a final report expected by August 13, 2026….