The Kenya Mortgage Refinancing Company (KMRC) recorded a fourfold jump in its loan book to Sh6.8 billion in the year to December 2022, pointing to the corporation’s increased capacity to finance cheap homes after locking in additional capital.
The jump in disbursements, which stood at Sh1.3 billion at the end of 2021, has seen KMRC’s asset size expand to Sh21.4 billion from Sh9.8 billion previously.
