Why Most Kenyans Are Choosing to Borrow for Land, Not Homes
Currently, 61.1% of real estate-related loans are being used to finance land acquisition. Owning land is often seen as a key milestone, a sign that you’ve made it, that you’re independent and building something lasting for your family. Kenya’s mortgage market remains largely underdeveloped. According to reports, fewer than 1% of the adult population has…
