Source: Cytonn Research

Date: August 2021

Article Title: Focus of the Week : Kenya Mortgage Refinance Company (KMRC) Update

Editor’s Note- Home ownership is an important aspiration, hence affordable home loans are essential to increasing home ownership, currently at 21.3% compared to Ghana at 47.2% and South Africa at 53.0%, hence the need for acceleration. This Cytonn Research piece provides more insights into the progress of housing finance and home ownership in Kenya, with an aim of proposing solutions to challenges faced so far and giving recommendations to those challenges by benchmarking with a well-established refinance company, and observing existing gaps in the Kenyan set up. Review the full report Here.

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