The bitter option: Mortgage or personal loan?

Many Kenyans want to own homes but they cannot raise enough money to fund the purchase. But for those who can afford to borrow, the question usually is whether to take a home loan or go for ‘softer loans’ from sources as diverse as Saccos, writes  WANGECI KANYEKI

Mortgage or personal loan?

Raising money to buy a dream property has been a major challenge for the majority of Kenyans. Most people miss out on great opportunities to purchase a ready house or a plot simply because they cannot raise finances required for the deal.