Finance

Total 8 Posts

Money Resource to Meet Economic, Social & Environment Rights

For Kenyans to meet their economic, social and environmental rights they created the money resource through the Central Bank of Kenya (CBK). Today millions of Kenyans are not meeting their constitutional rights of food, housing, healthcare, clean environment and others. Money resource established in accordance with Kenya Constitution 231 is

DUT Diaspora Kenyans Eye $500 Million DFC Finance?

The U.S International Development Finance Corporation (DFC) in its website writes, “We're financing solutions to the most critical challenges facing the developing world today. We offer direct loans and guaranties of up to $1 billion for tenors as long as 25 years, with specific programs targeting small and medium

How Mortgage Will Fund Property Development & Home Ownership in DUT

A mortgage is a loan that is advanced to a borrower to purchase a property. The property serves as collateral of the loan. The primary financiers of mortgages are the banks and financial institutions in a town or city. The secondary financiers are mortgage refinance companies that the primary financiers

Why Kenya GDP Per-Capita is at $2,200 & U.S GDP Per Capita is at $68,000

Kenya's population is today estimated at about 52 million. The Gross Domestic Product (GDP) at $107 billion. The GDP Per Capita income is calculated by dividing GDP by population. Kenya GDP Per Capita income is about $2,200. The USA population is estimated at about 330 million. The GDP at

DUT Credit Ltd. Finance System For Diaspora Remittances

DUT Credit Ltd is an innovative finance institution. The DUT Credit system is today guiding Diaspora remittances toward investments into Diaspora University Town (DUT). DUT is a project by the Diaspora Kenyans, Ndara B Community and Partners that is progressing to create 20,000 jobs and produce a town with

How U.S. Created Jobs for Diaspora Kenyans.

In the first nine (9) months of 2021, Diaspora Kenyans in the U.S are reported by CBK to have remitted 60% of the Kshs 300 billion ($3 billion). This was an amount of about Kshs 180 billion ($1.8 billion).

DUT Kshs 1 Billion Diaspora Remittances to Taita Taveta Monthly Goal

Diaspora University Town (DUT) team has set its goal as one of having Kshs 1 billion of the Diaspora remittances come to Diaspora University Town in Taita Taveta.
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