HF secures Sh475m from mortgage refinance company for lending

KMRC chief executive Johnstone Oltetia. FILE PHOTO | NMG

Kenya Mortgage Refinance Company (KMRC) has lent Sh474.9 million to mortgage financier HF for onward lending to home buyers, according to disclosures in the latter’s 2021 annual report.

HF is among the financial institutions to disclose they have received funding from KMRC which was established to catalyse the growth of home ownership in the country.

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