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How do lenders make profit from ‘interest free’ products?

Scrolls architectural drawings and small house. [Photo: Courtesy]

The real estate market remains one of the most vibrant economic pillars and has remained a key contributor to the GDP.

The Kenyan psyche has the dreams of owning a piece of land or a house at the core of its dreams. The only challenge? The question of financing. This has led to lenders seeking ways to make their facilities appealing and to attract people from different backgrounds.

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