Mortgage Financier KMRC of Kenya, compared to Fannie Mae of USA.
Kenya Mortgage Refinance Company (KMRC) of Kenya is owned by the Government of Kenya, Kenya Banks and SACCOs, the World Bank, and Shelter Afrique. KMRC was founded in 2019 to provide mortgage refinancing for housing. The company's assets at the close of 2025 were KSh 43 billion. Fannie Mae, a
Dr. Mwambi Becomes Founder of Diaspora University & Town
Dr. Pascal Mwambi of Lushangonyi, Wundanyi, Taita Taveta, and Amref International University in Nairobi became a founder of Diaspora University and Diaspora University Town (DUT) with the signing of the DUT Townhouse Investment and Development Agreement (THIDA). He is today a developer of two of the planned 3,500 townhouses
Ronald, 7 Reasons for Voi Residents Tapping Ksh 25 Billion from KMRC via DUT
Ronald Mwangombe was one of the 85 members of the Ndara B Community who spent a full day evaluating the institution's town development plan, which has become the Diaspora University Town (DUT). He is happy that the community members made the right choice of embracing the building of a new
St Jude Director Rallies Voi Residents to Achieve Ksh 25 Billion
Rosinah Kitatu, the Director of St Jude School in Voi, visited the Diaspora University Town (DUT) project in 2025. She would understand the DUT project, which is focused on advancing university education, creating jobs, developing housing, and boosting GDP growth. Today, she is rallying Voi and Taita Taveta residents to
Develop & Own a 5-Bedroom, 4 Bath House, Investing Ksh 15,000 per Month.
The Diaspora University Town (DUT) project, focused on job creation, housing development, and GDP growth, is seeking Kenyans interested in developing and owning a 5-bedroom, 4-bathroom townhouse by investing Ksh 15,000 per month. Through a DUT-THIDA system, Kenyans will develop 3,500 townhouses, as planned in the DUT Master
Taita Taveta can Tap Ksh 25 Billion from KMRC via DUT
Kenya Mortgage Refinance Company (KMRC) kicked off in 2019 with a Ksh 200 million grant from Kenyans. KMRC thereafter received credit lines from the World Bank and the African Development Bank. By the close of 2025, KMRC had credit lines of about Ksh 40 billion. Its 2025 financial records show
Voi Banks Ready to Lend Voi Residents Ksh 300 Million to Join DUT
Banks in Voi are ready to lend Voi residents Ksh 300 million to join the Diaspora University Town (DUT) townhouses development plan. The banking product offered is the personal unsecured loan. A Voi resident can develop 1 to 4 DUT townhouses by investing between Ksh 750,000 and Ksh 3