Lending Operations As a wholesale lender, KMRC funds the participating financial institutions and provides two categories of loans to its members: Affordable Home Loans: These are loans up to KES 10.5 million extended to borrowers to buy ready houses, build if they...

KMRC's Funding KMRC is funded through debt and equity. In addition to equity, KMRC also received subordinated capital from international development partners through the National Treasury to fund its operations. The WB approved an IBRD credit of USD 250 million...

Florah Muthaura Ms. Florah Muthaura is the Head of Risk and Compliance. She holds a Master of Business Administration (MBA) degree in Strategic Management from University of Nairobi and a Bachelor of Commerce Degree in Actuarial Science from Kenyatta University....

Geofrey Mwaura Geofrey is the Head of Credit since June 2020. He has extensive experience in Credit Management and has held several leadership positions in the banking industry. As the Head of Credit, Geofrey will be instrumental in the implementation of the...

Deborah Masara Deborah Masara joined KMRC as the ICT Manager in 2020 and is currently serving as the Acting Head of Technology and Operations. She is responsible for the development and execution of technology strategies, digital transformation initiatives, and...

Daniel Saruni Lelekoitien Daniel Lelekoitien is the Head of Human Resources and Administration, responsible for the management of the day-to-day operations of all HR administrative matters. With over 20 years cross industry experience, holding Strategic leadership and...

Gideon Rutto Gideon Rutto is currently the Procurement and Logistics Manager, responsible for implementing the organization’s Procurement & Logistics Strategy, as a key deliverable for timely and cost-effective acquisition of goods and services. He joined the...

Erick Wambua Erick Wambua is the Finance Manager at the Kenya Mortgage Refinance Company, a role he has held since June 2020. He holds a Master of Science degree in Finance and a Bachelor of Arts Degree (Economics and Mathematics) from the University of...

Elisha Nyikuli Elisha Nyikuli is an experienced in-house corporate & commercial lawyer well-versed in the financial services industry. Prior to joining KMRC in May 2021, he worked for Stanbic Bank Kenya as a Senior Legal Counsel. He has previously served at...

Olive M. Gitau Ms. Olive Gitau is the Head of Internal Audit, responsible for providing an independent, objective assurance and consulting activity designed to add value and improve KMRC’s operations. She assists the Board and Senior Management in protecting...