After graduating from Kanunga High School, Roy Muli Musyoka enrolled at Kenyatta University and subsequently entered Kenya's financial sector. In 2025, he would reconnect with a former Kanunga Alumnus, Dan Mbuthi Kamau, the Diaspora University Town (DUT) project director. He would later visit the DUT site. Today, Roy is exploring how the Kanunga Alumni can help advance the DUT jobs-creation, property development, and GDP growth plan spearheaded by a Kanunga Alumni.
Roy wants Kanunga Alumni to establish a financial system that uses two banking products: the personal unsecured loan offered by almost all banks in Kenya and the KMRC property mortgage loan. Kanunga Alumni can become founders of Diaspora University by developing townhouses through the offered system, using financial products that most Kenyan banks already offer.
In motivating the former Kanunga Alumni, Roy tells his former schoolmates that, as a Financial Investment Consultant and career Banker, he has seen many grow their wealth sustainably through the right investment choices, coupled with focus, discipline, self-determination, patience, humility, and social capital.
The economist banker, however, points out that the Kenyan GDP has not grown much and asks the alumni to kick off this system through 3 steps as follows:
Step 1. Become a DUT Townhouse Developer.
One becomes a DUT townhouse developer by signing a Townhouse Investment and Development Agreement (THIDA) and investing Ksh 750,000, Ksh 1.5 million, Ksh 2.25 million, or Ksh 3 million. https://dut.or.ke/THIDA2025.pdf
Step 2. Take a personal unsecured loan.
By applying for a personal unsecured loan of Ksh 750,000, Ksh 1.5 million, Ksh 2.25 million, or Ksh 3 million, you can take the maximum tenor offered to reduce your monthly payment. Roy says the goal here is to create financing for job creation, which is the problem in Kenya, as evidenced by Kenya's banking performance. The current goal is for Kanunga alumni to develop 100 units and contribute Ksh 75 million, leveraging their creditworthiness.
Step 3. Completed House issues the Mortgage to the developer or buyer.
These 100 units will then be issued a KMRC mortgage based on a product of up to Ksh 10.5 million, 9% interest, and a 25-year tenure. Most of the property will be issued loans to those who take up the jobs created. Thus, the Kanunga Alumni will help create jobs and develop housing for those who secure employment.
Kanunga Alumni achievements based on this plan will be as follows:
- New Wealth creation for the alumni.
- Job Creation for Kenyans maturing to become adults.
- Properties Development to achieve the Constitution of Kenya's right to housing.
- Diaspora University founding to give opportunities to children finishing school.
