KMRC

For decades, Kenya’s housing finance system was built around a reality that simply does not exist for most citizens: a predictable monthly payslip. With over 80% of Kenya’s workforce operating in the informal economy—as micro-entrepreneurs, Jua Kali artisans, agricultural producers, and gig workers—the traditional mortgage market has reached a structural dead end. In a nation grappling with a...

A recent surge in global mortgage demand—triggered by falling interest rates in the United States—has once again highlighted the critical relationship between borrowing costs and housing market activity. For Kenya’s real estate sector, which continues to grapple with limited mortgage access and high lending rates, the global trend offers important insights into how financing conditions influence...

Kenya’s affordable housing dream may be edging closer to reality after years of slow progress, stalled projects, and growing public skepticism. A new multi-billion-shilling injection — backed by the World Bank and commercial lenders — could begin to shift the country’s stubborn homeownership landscape, if the rollout stays disciplined and transparent. For now, the spotlight is firmly back on a...