Diaspora University Town (DUT) offers about 1,500 Kenyans the opportunity to create new wealth using the DUT system and bank loan products. Dan Kamau, the DUT Project Director, is inviting Kenyans to join DUT through the townhouse development system and apply the DUT system to grow their wealth. In a recent meeting with residents of Voi, he said, “When I arrived in the U.S, I found a country with paved roads, clean rivers, good housing, clean environment, and a country with systems that had created trillions of dollars in property and MSMEs wealth.”
Today, DUT investors and developers are about 500 Diaspora Kenyans, the Ndara B Community with about 3,000 adults, and about 200 Kenyans. Dan says, “In the next month, we want to add 1,500 Kenyans who will join us to achieve Ksh 200 billion in new wealth by 2030 as we develop 3,778 properties, create 20,000 jobs, develop Diaspora University, Diaspora University Hospital, and Diaspora University Town with 25,000 residents, and 300 MSMEs/Organizations.”
Dan, a graduate of economics and business studies who has done extensive research in sustainable economic systems, says the project will apply the systems that grew the U.S. from a $58 billion GDP (Gross Domestic Product) in 1933 to $30 trillion (GDP) in 2025. DUT will also apply systems that have enabled Singapore, with about 170,000 acres of land and a population of 5.5 million, to achieve a GDP per capita of $90,000 and a GDP of $550 billion.
When showing the Design-Build plan that will deliver the project, Dan says that once 1,500 persons take up personal loans, a capital of Ksh 1.65 billion will be established and added to the project. He says the design-build plan, and other plans will be started, and in another 60 months (5 years), 20,000 persons will apply about 100 million hours of human resources and achieve the 3,778 properties serviced by 60 km paved roads and infrastructure. More importantly, all the properties will have a ready day and night usage.
The Kenya Mortgage Refinance Company (KMRC) mortgage product will finance the DUT townhouse developers as their houses are completed. Dan showed how one can start developing a townhouse with about Ksh 13,000 a month after taking a personal loan of Ksh 750,000, how the balance of the Ksh 750,000 can be incorporated into the mortgage finance after the house completion, and how the mortgage will be repaid through the jobs created. The owner if working in the town will live in their house. If not living in the town, the house would be rented out.
Talking about Kenya's GDP, Dan said, “The biggest challenge was figuring out how the GDP of the U.S. grew to the current $30 trillion and Singapore's to $550 million.” He informed those considering joining DUT that the DUT plan will grow Kenya's GDP. He said Kenya's GDP will increase from $120 million to $2 trillion by 2075. The Diaspora Kenyans, Ndara B Community, Kenyans, and students who become part of DUT will advance this GDP growth and achieve new wealth.
