Harambee Sacco has become the first to be licensed to offer mortgage facilities from the Kenya Mortgage Refinance Company. The sacco, after getting the greenlight, launched two mortgage products on Monday; the Harambee Home Loan and the Harambee Jenga Loan. The Harambee Loan is a product for members keen to buy an outright home and therefore avoid the trouble of building. Its mandate is in line with President Uhuru’s Agenda Four, which seeks to ensure Kenyans have access to affordable housing, universal healthcare, improve manufacturing and food security. Harambee Sacco has over 80,000 members in 174 branches across the country.

Source: The Star September 28, 2020 15:00 UTC