• License unlocks Sh35 billion in debt and equity capital for refinancing of home loans
• KMRC has fulfilled all the licensing requirements enabling granting of license by the regulator
• Mortgage product to target majority of Kenyans in the middle to lower income segment
Nairobi, September 18, 2020 – The Kenya Mortgage Refinance Company (KMRC), the public-private partnership (PPP) firm formed by the Government to drive the affordable housing finance in Kenya, has today received a license from the Central Bank of Kenya (CBK).