Navigation: Global Kenya Kaberia Housing Cooperative

Kaberia Housing Cooperative

  • Status: Complete
  • People Housed: 185
  • Country: Kenya
  • City: Nairobi
  • Partner: NACHU
  • Year Approved: 2013
Total Invested
KES 19,804,198
Average Sales Price
KES 537,616
Total Invested
$183,131
Average Sales Price
$5,691
Delivery of Homes
Total Expected
Completed
Basic
37
37
Project Overview

This project is situated within Karai Ward, Kiambu County which sits within the larger Nairobi Metropolis. Located approximately 25 km from Nairobi’s city centre, the area has a large network of roads and will soon benefit from increasing population growth and trade, due to a new southern by-pass road.

In partnership with the NACHU, 37 houses were built incrementally, with a starter core unit comprising of 2 rooms and opportunity to extend. Household water and sanitation were included, and units were constructed within plot sizes of 23 square metres.

The houses were affordable for households with average monthly income levels of just USD $200 and in total 137 clients benefitted, the majority of whom were small-scale business traders and taxi drivers that were previously renting in informal settlements. They were able to purchase the properties with micro mortgage loans that were provided by NACHU, to be repaid within 7 years.

37
Homes Completed
37 Homes Sold
37
Homes Occupied
37
Connected to Water and Sanitation
1
Nearest Employment Area
2
Nearest Health Centre
2
Nearest Primary School
1
Nearest Bus Stop
1
Nearest Market
2
Nearest Secondary School

Client Data

Displayed In
Client Monthly Household Incomes

Clients estimated to sit between 11th and 20th percentiles of incomes in Nairobi

Mean
27,800 KES
257 USD
40th percentile at year of occupancy KES 46,227
40th percentile at year of occupancy $427
Household Demographic Data
Household Size
5.00
Proportion Female
60.0
Proportion Children
65.0
Housing Information
Description Type Number Expected Number Completed Unit Size (m2) Sales Price
(Local Currency)
Monthly Cost
(Local Currency)
Loan Length (months)
2 rooms & wetcore, 22m2, 137m2 plot Basic 37 37 20 537616 8250 96
Finance Description Finance Source Deposit Interest Rate (%)
2 rooms & wetcore, 22m2, 137m2 plot NACHU 107,523 14.0

Project Finances

Displayed In

Investments — Reall to Affordable Housing Partners

Total Project Investments
KES 19,804,198
$ 183,131
Loans
KES 19,804,198
$ 183,131

Based on exchange rate on 31/12/2020

Funds Lent by Partners to Households
Funds Lent by Partners to Households
KES 19,756,463
$ 182,690
Funds Repaid by Households to Partner (to date)
Funds Repaid by Households to Partner (to date)
KES 13,324,972
$ 123,217

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Data last updated on 10/03/2021