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Kenya : Banking and Finance - KUSCCO Housing Fund - KUSCCO Limited

Services Marketplace - KUSCCO Housing Fund

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KUSCCO Limited

KUSCCO Housing Fund - Kenya

Services Marketplace - KUSCCO Housing Fund

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With a well-founded need to provide housing as a basic need and worthwhile investment, many credit and savings societies in Kenya have facilitated the purchasing of plots of land for their members. By offering friendly payment terms, the SACCOs have made it possible for ordinary members to own parcels of land for the construction of residential homes. Unfortunately, insufficient funds, and inability to qualify for long term loans and mortgages, have rendered most of the members incapable of developing the plots. It is against this background that KUSCCO Housing Fund was conceptualised in 1996 to serve SACCOs and SACCO members.

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