Finance

Total 40 Posts

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

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

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

Top 100 Banks in the World & DUT Credit Investment

Diaspora University Town (DUT) project director, Dan Kamau, is seeking potential investors to join the DUT project by investing in DUT Credit Ltd, a financial company being set up at DUT. Dan shows the top 100 banks in the world in assets and says that DUT Credit will be part

Ksh 676 Billion Diaspora Kenyans Remittances 2026

An article in the Business Daily in Kenya reports that the Central Bank of Kenya (CBK) projects remittances from the Kenyan diaspora will grow to KSh 676 billion. Dan Kamau, the Diaspora University Town (DUT) project director, wants about 0.5% (Ksh 3 billion of the 676 billion) remitted and

Tapping KCB Bank Financing Through Jobs at Diaspora University Town

KCB Bank visited Diaspora University Town (DUT) to open bank accounts for persons working in the DUT plan and the Ndara B Community MSMEs plans for building materials and farming businesses. Some of those who opened accounts said it was their first time. Dan Kamau, the DUT project director, said,

Diaspora Kenyans Visit DUT & Challenge Kenyans to Turn Diaspora Remittances into Projects

“Remittances to Kenya hit record, but diaspora struggles to find meaningful investments,” an article by Mshale in the U.S was part of the discussion by Diaspora Kenyans Frank Mutura of Raleigh, NC, Noah Wangai of Moreno Valley, CA, and Sam Kabuki of Lakewood, CA, when visiting Diaspora University Town
You've successfully subscribed to Jamhuri Diaspora
Great! Next, complete checkout for full access to Jamhuri Diaspora
Welcome back! You've successfully signed in.
Unable to sign you in. Please try again.
Success! Your account is fully activated, you now have access to all content.
Error! Stripe checkout failed.
Success! Your billing info is updated.
Error! Billing info update failed.