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KMRC to start lending to shareholders, customers end of September

UKulima Sacco Chairman Dr. Philip Cherono (right), KMRC Chief Executive Officer Johnson Oltetia (second left) and UKulima Sacco CEO Richard Nyaanga (Left) during the launch of the Mortgage product.

The Kenya Mortgage Refinance Company (KMRC), a Treasury-backed lender, which offers banks and Saccos cash for onward lending to households, will start advancing loans at the end of this month.

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