Kenya Mortgage Refinance Company,Mortgage Stories

Kenya secures Sh167.9 billion to expand affordable housing, low‑cost mortgages
Maureen Kinyanjui  |  Nov 14, 2025

President Ruto has actively promoted the affordable housing program, seeking investment from international financiers to expand the supply of low-cost...

Only 4 per cent of Kenyans can afford Sh10 million homes - survey
Maureen Kinyanjui  |  Nov 11, 2025

Banks say the mismatch between average income and the cost of property is a key factor limiting mortgage growth.

Senators expose Trans Nzoia officials for awarding themselves Sh30 million unsecured loans
Maureen Kinyanjui  |  Jul 31, 2025

Governor George Natembeya admitted that there were issues with staff performance and discipline, noting that some officers failed to attend capacity-b...

Auditor-General flags mismanagement of Sh11.6bn loan for affordable housing scheme
Lucy Mumbi  |  Nov 17, 2024

The audit revealed that by June 2024, KMRC had received Sh11.66 billion, but there was no clear evidence of how these funds were disbursed to the inte...

City Hall to spend Sh500 million on Employees' Car and Mortgage loans
Maureen Kinyanjui  |  May 31, 2024

The objective of the fund is to provide loans for a member for the purchase, development, renovation, or repair of immovable property, the purchase of...

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