Nairobi leads in uptake of housing development loans

Kenya: Nairobi, Kiambu and Mombasa recorded the highest uptake of loans for housing development in the 2012/2013 period, according to the latest national housing survey.

The survey showed commercial banks advanced Sh6.3 billion worth of housing loans to Nairobi residents with Kiambu having Sh482million ahead of Mombasa County at Sh408 million.