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The significance of World Bank’s nod for housing loan

The World Bank is a venerable institution, devoted to providing loans to countries for capital projects. It does not go into any deal lightly and pours over the detailed issues of risk and economic health for any countries it loans money to.

When it approves a Sh25 billion International Bank for Reconstruction and Development (IBRD) loan to enhance access to affordable housing finance for Kenyans who are unable to access long-term housing finance, it has done its homework.

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