This project site is situated in Kitengela, in close proximity to the previously completed Semba Motto NACHU project, and approximately 16km from Nairobi’s central business district.
212 homes were built with full access to water, sanitation and energy. The project targeted clients living on low incomes, who were offered micro-mortgage loans by NACHU to purchase the homes and could afford monthly repayments in the range of £65 to £80 per month.
Clients estimated to sit between 31st and 40th percentiles of incomes in Nairobi
|Description||Type||Number Expected||Number Completed||Unit Size (m2)||Sales Price |
|Monthly Cost |
|Loan Length (months)|
|2 rooms & wetcore, 20m2, 137m2 plot||Basic||212||212||20||980000||18242||60|
|Finance Description||Finance Source||Deposit||Interest Rate (%)|
|2 rooms & wetcore, 20m2, 137m2 plot||NACHU||196,000||14.0|
Of KES 107,725,264 total investments, KES 34,741,211 was recycled funds from previous project payments
Of $996,147 total investments, $321,256 was recycled funds from previous project payments
Based on exchange rate on 31/12/2020
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Data last updated on 10/03/2021